Rs 6,000 loan restructuring expected: PNB Managing Director and Chief Executive Officer Mallikarjuna Rao

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Public sector lender Punjab National Bank (PNB) expects to restructure loans in the range of Rs 5,000 to Rs 6,000 under the Reserve Bank of India (RBI) restructuring window 2.0. As the impact of the second wave of the Covid-19 pandemic eases, its CEO SS MALLIKARJUNA RAO, in conversation with Nikunj Ohri and Abhijit Lele, expects demand to rise in the second quarter (starting in July).

While RBI has kept interest rates unchanged to support growth, rates may change from the second half (second half) of 2021-22 (FY22). Edited excerpts: Q. Second wave of Covid …

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First published: Monday 7 June 2021 06:10 IST



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