Punjab National Bank posts Rs.621 crore net profit

The state-owned Punjab National Bank closed its second quarter with a net profit of Rs.621.03 crore, the bank said on Friday.

In a regulatory filing with BSE, the bank said it has logged a net profit of Rs.621.03 crore for the quarter ended September 30, 2015 -- up from Rs.575.34 crore posted during the corresponding period of the previous year.

According to the bank, the total income increased from Rs.13,020.46 crore for the quarter ended September 30, 2014 to Rs.13,701.93 crore for the quarter ended September 30, 2015.