08 Jan 2026 | 3 Mins Read
PNB identifies 760-cr bad loans for sale
Flipitmoney
Punjab National Bank has put bad loans worth over ₹760 crore on sale, including exposures to Gammon India, Simbhaoli Sugars and Ranchi Expressways, with individual NPAs up to ₹514 crore. Earlier, PNB invited bids for ₹2,500 crore loans and identified over 100 NPAs worth ₹4,000–5,000 crore for sale to ARCs, targeting a 40–50% recovery.