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The Times of India
The Times of India
Business
PTI

PNB Q4 net drops 66% to Rs 202 crore

PNB Punjab National Bank New Delhi

NEW DELHI: Public sector lender Punjab National Bank on Wednesday reported a 66 per cent decline in its standalone net profit at Rs 202 crore for the quarter ended March 2022 due to higher amount parked towards provisioning, even as bad loans declined.

The bank had posted a net profit of Rs 586 crore in the same quarter a year ago.

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