कोशिश गोल्ड - मुक्त
PNB posts 145% growth in net profit because of sharp fall in provisioning
The Morning Standard
|October 29, 2024
STATE-owned Punjab National Bank (PNB) on Monday reported stellar second quarter numbers with net profit of the bank increasing 145% year-on-year to ₹4,303 crore due to a sharp fall in provisioning.
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In the same quarter the previous year, the bank had reported ₹1,756 crore in profit after tax.
Provisioning (other than taxes) during the quarter fell 92% year-on-year to ₹288 crore compared to ₹3,444 crore in the corresponding period last year.
Net Interest Income (NII) of the bank increased to ₹10,517 crore during the quarter from ₹9,923 crore a year ago, showing an improvement of 5.99% on YoY basis.
यह कहानी The Morning Standard के October 29, 2024 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।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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