मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
PNB reports 327% jump in Q2 net profit
Mint Mumbai
|October 27, 2023
State-run lender Punjab National Bank (PNB) on Thursday said the growth in its personal loan portfolio was not a matter of concern for the bank as the non-performing assets in the segment remained extremely low while the size of the portfolio itself was small.
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The public sector bank, which posted strong earnings in the second quarter with net profit jumping 327% to ₹1,756 crore while net interest income (NII) rose 20% YoY to ₹9,923 crore, has outstanding unsecured loans of ₹25,770 crore as of 30 September 2023 out of which personal loan portfolio is ₹17, 467 crore.
PNB managing director and CEO Atul Kumar Goel said out of the unsecured personal loan portfolio a sum of ₹4,056 crore was via the digital mode where NPA levels were extremely low at 0.05%. For the balance, or the non-digital portion, too, the NPA was a low 1.22%.
यह कहानी Mint Mumbai के October 27, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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