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India’s second largest PSU lender PNB must stop doing this one thing: lending money

fes, Finance

India’s second largest PSU lender PNB must stop doing this one thing: lending money

 

Other than the embarrassment of asking the country’s second-largest state-run lender to, well, stop lending, there’s no other reason why India should allow Punjab National Bank to advance even one rupee to anybody except the government.

 

-Bloomberg

 

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