Punjab National Bank (PNB) on Thursday reported a two-fold jump in standalone net profit at Rs 1,126.78 crore for the third quarter ended December.

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The state-owned bank had earned a net profit of Rs 506.03 crore in the year-ago period.

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However, total income during October-December 2021 declined to Rs 22,026.02 crore as against Rs 23,298.53 crore in the year-ago period, PNB said in a regulatory filing.