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The Economic Times

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PNB puts on the block 760 cr of bad loans

Punjab National Bank is selling bad loans exceeding 760 crore, including significant exposures to Gammon India and Simbhaoli Sugars. This follows a larger sale attempt last week of 2,500 crore in non-performing assets. The bank aims to recover at least 40-50% of the identified 4,000-5,000 crore in bad loans.

8 Jan 2026 12:03 am