Banks expects several streams of cash recoveries in Q4FY21 with the likes of DHFL and other 17 NCLT accounts PNB earnings were lower than estimates at Rs5.1bn (PLe: Rs8.5bn) as higher provisions offset slightly better NII and lower opex. Although, higher provisions on pro-forma NPAs have covered the risks, while on restructured as well bank has provided 10% on implemented accounts. A major positive...