PNB Q3 results: Net profit declines 18% to Rs 506 cr; NII fa

PNB Q3 results: Net profit declines 18% to Rs 506 cr; NII falls marginally to Rs 8,313 cr


›PNB Q3 results: Net profit declines 18% to Rs 506 cr; NII falls marginally to Rs 8,313 cr
PNB Q3 results: Net profit declines 18% to Rs 506 cr; NII falls marginally to Rs 8,313 cr
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PNB Q3 results: Net profit declines 18% to Rs 506 cr; NII falls marginally to Rs 8,313 crETMarkets.com
Last Updated: Feb 05, 2021, 07:04 PM IST
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Synopsis
​The lender’s net interest income also fell little over 1 per cent on year to Rs 8,313 crore in the reported quarter.
The bank’s net NPA ratio was at 4.03 per cent as compared to 4.75 per cent in the previous quarter.
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MUMBAI:
Punjab National Bank today reported a 18.5 per cent year-on-year decline in its net profit to Rs 506 crore for the quarter ended December.

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