 "Punjab National Bank, PNB")
State-owned Punjab National Bank reported a jump in its pre-tax profit of Rs 979 crore in the second quarter (Q2FY21), compared to a profit of Rs 633 crore in the corresponding period last year.
The Delhi-based lender posted a net profit of Rs 621 crore in the second quarter – a 22 per cent jump from Rs 507 crore in the year-ago period.
The bank’s net interest income (difference between interest earned through lending and interest paid to depositors) soared 29 per cent to Rs 8,393 crore from the year-ago period. The bank made a provisioning of Rs 3,811 crore
