Can recover losses from Nirav Modi scam in 6 months: PNB CEO
PNB CEO Sunil Mehta has said the bank will recover its losses from the $2.1-billion scam involving jewellers Nirav Modi and Mehul Choksi within six months. He said that PNB has bad loans worth â¹57,000 crore which "can become a goldmine for the bank" and bring back PNB's profitability. The bank will also monetise its non-core assets, he added.