PNB Q1 net profit down 57% to ₹306 crore
Punjab National Bank on Thursday reported a 57.5% year-on-year fall in net profit to ₹306 crore for the quarter ended June 30, against the corresponding quarter a year ago. The Gross non-performing assets rose to 13.75%, from 12.9% in the year-ago period. Retail loans grew by 19.7% and Housing loans grew by 24.1% year-on-year.