- PNB Q1 profit seen down 99%
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PNB Q1 profit seen down 99%
#Niveza #Review on #PNB #Result ::
Public sector banks are already dealing with asset quality concerns. In last quarter, NPA's were not disclosed as what had been expected. But this time it could be on cards that NPAs will be out and there could be significant correction in the stock as well. But the government is backing PSU's so there is hardly any risk for going with banking stocks with long term vision. Banks are buy on dips now.
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