PNB records Q3 PAT at Rs 506 cr
The public sector bank posted a net profit of Rs 506.03 crore in Q3 FY21 compared with net loss of Rs 492.28 crore in Q3 FY20. The bank's total income grew by 45.9% to Rs 23,298.53 crore in Q3 FY21 as against Rs 15,967.49 crore in Q3 FY20. The result was announced after market hours on Friday, 5 February 2021. Net Interest Income (NII) for Q3 FY21 grew by 28% to Rs 8,313 crore in Q3 FY21 over Q3 FY20. Global Net interest margin improved to 3.09% in Q3 FY21 from 2.49% in Q3 FY20. The bank's operating profit jumped by 69.8% to Rs 6,390.81 crore in Q3FY21 from Rs 3,762.90 crore in Q3 FY20. Punj...
Source: business-standard.com