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PSB — Punjab & Sind Bank News Story

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Brief: Punjab & Sind Bank Says NPA Account IL&FS Tamil Nadu Power Co Ltd Has Been Declared As Fraud

Feb 15 (Reuters) - Punjab & Sind Bank  PUNA.NS :
    * NPA ACCOUNT IL&FS TAMIL NADU POWER CO LTD WITH OUTSTANDING
DUES
OF 1.49 BILLION RUPEES HAS BEEN DECLARED AS FRAUD & REPORTED TO
RBI
    * HAS ALREADY MADE PROVISIONS AMOUNTING TO 595.4 MILLION
RUPEES

Source text for Eikon:  ID:nBSE2sDmBY 
Further company coverage:  PUNA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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