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PNB Net Profit Surges 52% as Provisions Fall
Financial Express Kochi
|May 08, 2025
PUNJAB NATIONAL BANK on Wednesday reported a 51.7% year-on-year jump in its net profit to ₹4,567 crore for the fourth quarter of the previous financial year, helped by a sharp fall in provisions for bad loans and an increase in other income.
The bottom line beat expectations as analysts polled by Bloomberg had estimated the bank to post a ₹4,164-crore net profit in the quarter.
Addressing the post-earnings press conference, MD and CEO Ashok Chandra said the committee of creditors (CoC) of Bhushan Power and Steel is expected to meet in two-three days to discuss the course of action following the Supreme Court's ruling on JSW Steel's resolution plan.
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Financial Express Kochi'den DAHA FAZLA HİKAYE
Financial Express Kochi
PM inaugurates Skyroot's orbital rocket in Hyderabad
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1 min
November 28, 2025
Financial Express Kochi
Govt pushes green farm tools to boost food output by ’47
THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.
1 min
November 28, 2025
Financial Express Kochi
Cyclone Ditwah moves toward TN & Andhra
THE INDIA METEOROLOGICAL Department (IMD) Thursday afternoon said that cyclone Ditwah had developed in the southwest Bay of Bengal.
1 mins
November 28, 2025
Financial Express Kochi
TCS signs deal with SAP to drive cloud, Gen AI reboot
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2 mins
November 28, 2025
Financial Express Kochi
Airtel likely to dial up capex by 56% in FY27
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1 mins
November 28, 2025
Financial Express Kochi
Unified portal soon to help retrieve unclaimed assets
THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.
1 min
November 28, 2025
Financial Express Kochi
NBBL targets one billion monthly transactions
NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.
1 min
November 28, 2025
Financial Express Kochi
Meesho to raise up to ₹5,400 crore through IPO
INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.
1 min
November 28, 2025
Financial Express Kochi
Benchmarks touch lifetime highs
ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.
1 mins
November 28, 2025
Financial Express Kochi
Private telcos flag gaps in DPDP Rules
THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.
1 min
November 28, 2025
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