Punjab National Bank to sell 100 NPAs worth ₹5,000 cr: CEO Chandra
Punjab National Bank (PNB) is set to sell over 100 non-performing asset (NPA) accounts to asset reconstruction companies (ARCs) during FY26, CEO Ashok Chandra said. "The book size...of these NPAs...will be somewhere around ₹4,000-₹5,000 crore," Chandra added. "There may be an account with 100% recovery...but we are expecting average recovery...in the range of 40-50% minimum," he further said.