PNB posts Q1 net profit of Rs 308 cr
State-owned Punjab National Bank (PNB) on Friday reported a standalone net profit of Rs 308 crore for the quarter ended June even as provisions for bad loans doubled. The country's second largest lender had posted a net profit of Rs 1,018.63 crore during the corresponding April-June period of 2019-20
Total income rose to Rs 24,292.80 crore during the June quarter of 2020-21, as against Rs 15,161.74 crore in the same period of the previous fiscal. Source: Reuters