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Punjab National Bank reports a 103% jump in net profit to ₹4,508 crore for Q3 FY25.
Punjab National Bank (PNB), India's second-largest state-run lender, reported a significant 103% increase in net profit for Q3 FY25, reaching ₹4,508 crore.
Total income rose 16% to ₹34,751.7 crore, and gross non-performing assets (NPAs) declined to ₹45,413.98 crore.
PNB aims to recover ₹170 billion in bad loans this financial year, with asset quality improving as the gross NPA ratio fell to 4.09%.
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El Banco Nacional de Punjab reporta un aumento del 103% en el beneficio neto a $4,508 crore para el año fiscal Q325.