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PNB net profit plunges to Rs 308 cr in June qtr, income at Rs 24,292.8 cr

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

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Net NPAs declined to 5.39 per cent as against 7.17 per cent earlier.

Press Trust of India New Delhi

1 min read Last Updated : Aug 21 2020 | 11:51 PM IST

State-owned Punjab National Bank (PNB) on Friday reported a standalone net profit of Rs 308 crore for the quarter ended June.

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.

The numbers are not comparable as the bank merged Oriental Bank of Commerce and United Bank of India with itself effective April 1, 2020, PNB said in a regulatory filing.

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Total income rose to Rs 24,292.80 crore during the June quarter of 2020-21, as

Topics : Punjab National Bank Q1 results Banking sector

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