LONDON Dec 6 Sterling held steady against the dollar and the euro on Thursday after the Bank of England left interest rates and the quantitative easing programme unchanged, as expected.
Sterling was at $1.6115, compared to $1.6107 before the BoE announcement. Against the euro the pound was trading at 81.10 pence per euro, unchanged from before the announcement. (Reporting by Philip Baillie, Editing by Anirban Nag)
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Punjab National Bank, India's fourth-biggest state-run lender by assets, reported on Tuesday its fiscal third-quarter profit fell 93 percent as provisions for bad loans jumped. Its shares fell more than 6 percent after the results. Full Article