报告名称：Punjab National Bank(PNB IN)Reduce：From bad to worse…again
报告类型：海外市场
报告日期：2016-05-19
研究机构：汇丰银行
页数：12
简介：4Q net loss of INR54bn, driven by sharp spike in slippages at 23% and high credit cost of over 11%
Asset quality clean-up is not over yet; expect pain to continue in FY17e as well, while FY18e might be better
Maintain Reduce; cut target price to INR57 (from INR62)
下载地址：Punjab National Bank(PNB IN)Reduce：From bad to worse…again
