Punjab National Bank — Board Meeting, 30-07-2025: Outcome of Board Meeting

Punjab National Bank (PNB) has announced a board meeting which approved its Q1 financial results. For the quarter, PNB reported a standalone Net Profit of Rs. 1832.22 Cr. Total income stood at Rs. 37998.84 Cr. Asset quality showed improvement with Gross NPA at 3.95% and Net NPA at 0.40%, alongside a strong Provisioning Coverage Ratio of 96.88%. The bank adopted a new, lower tax regime, resulting in a one-time charge of Rs. 3324.24 Cr this quarter. Additionally, PNB's sponsored Regional Rural Banks underwent amalgamations, leading to operational streamlining and financial adjustments.