PNB reports four-fold jump in Q2 net profit to Rs 1,756 crore
Punjab National Bank (PNB) reported a significant increase in net profit to Rs 1,756.13 crore for the September quarter, primarily driven by higher interest income and reduced provisioning. Gross NPAs as percentage of total loans declined to 6.96 per cent at the end of September, from 10.48 per cent last year. Shares of PNB were trading at Rs 69.40 on Thursday, down 0.07 per cent over previous close on the BSE.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
