PNB reports profit at Rs 1,019 crore for June quarter
PNB reported a net profit of Rs 1,018.63 crore for the quarter ended June 30, 2019 (Q1FY20) compared to the Rs 940 crore loss it reported during the corresponding quarter in the previous financial year.
PNB's gross non-performing assets (NPAs) increased to 16.49 percent compared to 18.26 percent in the same period a year ago. Image source: Reuters