March 18, 2021
The listed toys and textile company
For the quarter ended June 2017, the gross NPAs in absolute term stood at Rs
5,77,207 crore, while the net NPAs were Rs 3,45,727 crore.65 crore to the
consortium that extended the loan to Hanung Toys and Textile, as per public
auction Wholesale
Nylon Polyester stretch Factory notice put up by the bank. Assets owned by
accounts would be e-auctioned on November 8, the notice said, adding auction
would be conducted by Delhi zonal office.67 per cent of the net advances.The
provisioning to cover bad loans also came down to Rs 2,559.New Delhi:
State-owned Punjab National Bank (PNB) has put assets of as many as 32 bad loans
with outstanding loan exposure of Rs 1,176 crore on the block in an effort to
bring down its NPAs.67 crore parked aside in the June quarter of the previous
fiscal.These non-performing assets (NPA), include Hanung Toys and Textile, Harbs
India, United Foods, and Harman Textile.
Net NPAs came down, both yearly and
sequentially, to 8.16 per cent and 7.The listed toys and textile company is the
biggest defaulter in the list with consortium lending to the tune of Rs 2,960
crore.In percentage terms, the gross non-performing assets (NPAs) declined
marginally to 13. PNB has a total exposure of Rs 771. However, on a sequential
basis, gross NPAs increased from 12.. Net NPAs stood at 9.66 per cent of gross
advances as on June 30, 2017 from 13.81 per cent as on June 30, 2016 and March
31, 2017, respectively.71 crore from Rs 3,165.75 per cent a year earlier.53 per
cent as on March 31, 2017
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