State-run Punjab National Bank (PNB) is expected to turn profitable this fiscal year and is poised for growth, its managing director Sunil Mehta said, asserting that the Rs 14,000-crore Nirav Modi scam is a bygone.

Rs 14,000 crore Nirav Modi scam a bygone, bank on path to recovery: PNB chief

'We promptly investigated it for 3-4 days, we went to CBI on 29 Jan and FIR was booked on (Jan) 30,' Sunil Mehta said

Scam began in 2011, bank discovered it in January 2018: PNB MD

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Rs 14,000 crore Nirav Modi scam a bygone, bank on path to recovery: PNB chief

Scam began in 2011, bank discovered it in January 2018: PNB MD