Wednesday, February 6, 2019

PNB reports Rs 247 Cr net

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Punjab National Bank has posted 7 per cent increase in net profit at Rs 247 crore for  December quarter. Nirav Modi scam hit bank had reported net profit of Rs 230 crore for the corresponding quarter a year ago.

The bank's total income, fell by 2.64 per cent to Rs 14,854 crore for the quarter under review from Rs 15,258 crore in the year-ago quarter.

PNB closed at Rs 73.30 in yesterday's trading.

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