Exclusive: PNB expects Rs 5,000cr fresh slippages in Q4; COVID-19 to take a toll on asset quality, says MD&CEO Mallikarjuna Rao
PNB expects about 75 percent of the fresh slippages to come from the SME (small and medium enterprises) and retail portfolios in Q4. The scenario on loan growth and future asset quality depends on how long the COVID-19 impact will be felt on the economy