February 16, 2018 / 1:13 PM / 4 months ago

BRIEF-India's PNB CEO expects return to normalcy in 6 months after $1.8 bln fraud

Feb 16 (Reuters) - Punjab National Bank Chief Executive Sunil Mehta On Conference Call:

* REGULATORY CAPITAL AS OF TODAY IS SUFFICIENT

* WILL BE ABLE TO COME OUT OF THE SITUATION IN THE SHORTEST POSSIBLE TIME

* WILL HAVE BETTER CHECKS AND BALANCES SO THAT THESE THINGS DO NOT OCCUR

* WILL BRING THE SITUATION TO NORMALCY IN SIX MONTHS

* EVEN IF ALL THE LIABILITIES ARE TO BE ASSUMED WILL NOT BE BREACHING REGULATORY CAPITAL REQUIREMENTS Further company coverage: (Reporting by Devidutta Tripathy)

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