PNB plans sale of Rs 1,800 cr bad loans to ARC this month

Stepping up efforts to recover bad loans, state-owned Punjab National Bank has identified assets worth Rs 1,800 crore to be sold to ARCs by month end.

"Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told

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