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PNB Q4 loss narrows to Rs 4,750 crore

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Punjab National Bank on Tuesday reported narrowing of its loss by nearly 65% to Rs 4,750 crore during the fourth quarter of fiscal ended March 2019 even after making adequate provisions towards the Nirav Modi fraud and non-performing assets . The bank’s total income during the March quarter of 2018-19 rose to Rs 14,725.13 crore from Rs 12,945.68 crore in the year-ago period.

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