Punjab National Bank — Board Meeting, 07-05-2025: Outcome of Board Meeting

Punjab National Bank has announced a board meeting on 7 May 2025, approving the consolidated financial results for the quarter and year ended March 31, 2025. Consolidated net profit surged to Rs. 16,630 Cr from Rs. 8,245 Cr, boosted by strong operating performance and disciplined provisions. The bank declared a healthy dividend of Rs. 2.90 per share (145% on Rs. 2 face value). It also greenlit raising up to Rs. 8,000 Cr through Basel III-compliant bonds in FY26, equally split between Additional Tier-I and Tier-II bonds. The 24th AGM will be held via video conferencing.