Punjab & Sind Bank sets off accumulated losses of Rs 3,577 cr - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Punjab & Sind Bank sets off accumulated losses of Rs 3,577 cr

The bank, "subsequent to the approval of the Reserve Bank of India, has appropriated accumulated losses of Rs 3,577.55 crore from share premium account of the bank today", it said in a regulatory filing.

from Stocks-Markets-Economic Times
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