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PNB posts second straight quarterly loss at Rs 940 crore on Nirav Modi fraud-related provisions

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PNB posts second straight quarterly loss at Rs 940 crore on Nirav Modi fraud-related provisions

 

India’s Punjab National Bank reported its second consecutive quarter of loss as the country’s second-biggest state-run lender set aside more funds for a massive fraud it disclosed earlier this year.

 

-Reuters

 

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