Tag Archives: jumps
PNB Q4 profit jumps nearly 3x to Rs 3,010 crore
Business new tamfitronics NEW DELHI: Punjab Nationwide Monetary institution on Thursday posted a nearly three-fold develop in procure profit at a 16-quarter high of Rs 3,010 crore in March 2024 quarter, backed by improved core income and decline in defective loans.The monetary institution had earned a procure profit of Rs 1,159 crore within the year-within the past length. The final income elevated to Rs 32,361 crore throughout the quarter, as towards Rs 27,269 crore a year within the past, PNB acknowledged in a regulatory filing.Win ardour income elevated to Rs 10,363 crore within the reporting quarter from Rs 9,499 crore in Q4 FY23, registering an enchancment of 9.1%. The monetary institution's frightening NPAs moderated to 5.7% of frightening advances as of March 31, 2024 from 8.7% at the discontinuance...
PNB Q4 profit jumps nearly 3x to Rs 3,010 crore
Business new tamfitronics NEW DELHI: Punjab National Monetary institution on Thursday posted a nearly three-fold maintain greater in web profit at a 16-quarter high of Rs 3,010 crore in March 2024 quarter, backed by improved core profits and decline in sinful loans.The financial institution had earned a web profit of Rs 1,159 crore within the 365 days-ago period. The overall profits elevated to Rs 32,361 crore correct during the quarter, as towards Rs 27,269 crore a 365 days ago, PNB talked about in a regulatory submitting.Score hobby profits elevated to Rs 10,363 crore within the reporting quarter from Rs 9,499 crore in Q4 FY23, registering an enchancment of 9.1%. The financial institution's immoral NPAs moderated to 5.7% of immoral advances as of March 31, 2024 from 8.7% on the...
