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Fraud-hit PNB loses Rs 11,000 cr mCap in 5 days

New Delhi: Punjab National Bank's market valuation has slumped by Rs 10,939 crore in five days, which is nearly equal to the massive Rs 11,384-crore fraud at the company, even as the stock made a marginal recovery on Tuesday.
The stock had dropped in the previous four trading sessions. In the past one week, the stock has lost nearly 28 per cent.
PNB's market valuation fell by Rs 10,938.78 crore to Rs 28,270.22 crore on Tuesday from Rs 39,209 crore on February 12.
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