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NHB flags 933 cr additional bad loans in PNB Housing books

PNB Housing Finance has been directed by the National Housing Bank to disclose an additional 933 crore in bad loans for March 2023. This divergence arose from non-compliant loan restructurings in FY22-23, where interest rates were reduced for competitive reasons. The company states there is no current financial impact.

3 Apr 2026 12:42 am