PNB's net profit declines 11% to ₹549 cr in Q2
State-owned lender Punjab National Bank on Saturday reported an 11% year-on-year fall in its net profit for the second quarter, which stood at ₹549 crore. The bank's gross non-performing assets surged to 13.63% from 6.36% in the corresponding quarter last fiscal. The lender's net interest income also declined 10% from the year-ago period to ₹3,880 crore.