Punjab National Bank reports standalone net loss of Rs 5367.14 crore in the March 2016 quarter

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Total Operating Income decline 7.09% to Rs 10824.03 crore
Net loss of Punjab National Bank reported to Rs 5367.14 crore in the quarter ended March 2016 as against net profit of Rs 306.56 crore during the previous quarter ended March 2015. Total Operating Income declined 7.09% to Rs 10824.03 crore in the quarter ended March 2016 as against Rs 11650.52 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 3974.39 crore in the year ended March 2016 as against net profit of Rs 3061.58 crore during the previous year ended March 2015. Total Operating Income rose 2.39% to Rs 47424.35 crore in the year ended March 2016 as against Rs 46315.36 crore during the previous year ended March 2015.
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First Published: May 18 2016 | 1:22 PM IST