Punjab National Bank — Updates, 28-10-2024: Press Release
28-10-2024 · 02:51 pm
Punjab National Bank reported strong financial results for Q2 FY'25, with a net profit of ₹4,303 crore, up 145% year-on-year. Key metrics include a return on assets (RoA) of 1.02%, a gross non-performing assets (GNPA) ratio of 4.48%, and total business surpassing ₹25 lakh crore. Deposit growth was 11.33%, while advances rose by 12.76%. The bank also improved its capital adequacy ratio and digital engagement initiatives, showcasing robust performance across all metrics.
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