PNB's Net Profit Declines 49% To Rs 1,675 Crore In Q1
The bank's profit was primarily hampered by a sharp increase in tax expenses, which more than doubled in absolute terms from Rs 2,017 crore to Rs 5,083 crore. The bank's underlying operational strength during the quarter was overshadowed by this spike in tax outflow.
Jul 30, 2025, 15:29 PM IST
PNB shares gain 5% on improvement in Q1 asset quality
Shares of PNB rose 5 percent Tuesday as the country's second largest public sector lender's asset quality improved on a quarter-on-quarter basis.
Jul 28, 2015, 18:47 PM IST
PNB identifies 400 wilful defaulters; to sell Rs 3,000 crore NPAs
Saddled with bad loans, PNB on Tuesday said it has reported to RBI 400 'wilful defaulters', and plans to sell Non Performing Assets worth up to Rs 3,000 crore to ARCs in the current fiscal.
Jul 28, 2015, 16:59 PM IST