 "Punjab National Bank")
Punjab National Bank (PNB), which is scheduled to announce its March quarter (January-March period) results for the financial year 2018-19 (FY19) today, is expected to report strong year-on-year (y-o-y) growth in terms of the net interest income (NII); however, net profit is likely to be subdued. Provisioning on IL&FS is expected to keep earnings under pressure, say analysts.
The state-owned lender is projected to report up to 48 per cent y-o-y jump in NII against Rs 3,063.4 crore logged in the corresponding quarter of the previous fiscal. Analysts at Antique Broking, for instance, expect the numbers to come in around
