Punjab National Bank is selling bad loans exceeding ₹760 crore, including significant exposures to Gammon India and Simbhaoli Sugars. This follows a larger sale attempt last week of ₹2,500 crore in non-performing assets. The bank aims to recover at least 40-50% of the identified ₹4,000-5,000 crore in bad loans.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make