HomeNews

Punjab National Bank Q2fy16

Jump to

PNB Q2 profit rises 8%, other income tanks; NPA falls QoQ

The public sector lender says advances (loan book) in quarter ended September 2015 rose by 6.7 percent to Rs 3.8 lakh crore and deposits increased by 14 percent to Rs 5.4 lakh crore compared to corresponding quarter of previous fiscal.
PNB Q2 profit seen up 62%, interest reversals may hurt NII

Net interest income, the difference between interest earned and interest expended, may increase 1.2 percent to Rs 4,202 crore from Rs 4,151.2 crore in same period. It could be impacted by interest reversals.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Punjab National Bank Q2fy16

PNB Q2 profit rises 8%, other income tanks; NPA falls QoQ

PNB Q2 profit seen up 62%, interest reversals may hurt NII