Punjab National Bank (PNB) reported a significant increase in net profit to Rs 1,756.13 crore for the September quarter, primarily driven by higher interest income and reduced provisioning. Gross NPAs as percentage of total loans declined to 6.96 per cent at the end of September, from 10.48 per cent last year. Shares of PNB were trading at Rs 69.40 on Thursday, down 0.07 per cent over previous close on the BSE.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News