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Q2 results of Punjab National Bank disappointing, says SP Tulsian

Updated : November 02, 2018 06:09:36 IST

SP Tulsian of sptulsian.com on Friday said fraud-hit state-run Punjab National Bank's (PNB) second quarters results were disappointing.

Talking on PNB, he said, "Firstly, provisions have increased and no improvements seen in the performance. The retail and wholesale banking also disappointed."

Tulsian said he is happy with the Godrej Consumer and Gujarat State Fertilisers and Chemicals (GSFC) as we have seen excellent numbers from both the companies.

He further added, “Apart from that, Procter & Gamble and Aditya Birla Fashion and Retail have shown a good number."

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