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PNB shares up 2% on asset quality improvement; Credit Suisse retains underperform rating - Moneycontrol.com 23-Jun-2020
PNB shares up 2% on asset quality improvement; Credit Suisse retains underperform rating - Moneycontrol.com
Credit Suisse is of the view that the bank's standalone performance has been better, led by loan growth adding that Q4 loss was on account of credit costs remaining elevated. It has however, maintained its underperform rating on the stock.
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