Public sector lender Punjab National Bank on July 27 reported a net profit of Rs 3,252 crore for the quarter ended June 30, 2024, up 159 percent from last year.
The bank's net interest income came in at Rs Rs 9,504.3 crore, 10.2 percent up YoY.
The gross non-performing asset of the lender was at 4.98 percent versus 5.73 percent last quarter. The net non-performing asset (NNPA) of the bank stood at 0.82 percent compared to 5.73 percent last year.
Shares of the bank closed for trading at Rs 119.90 apiece on BSE on July 26, up 1.87 percent.
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