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

Punjab National Bank's board has approved its consolidated financial results for the quarter ended June 30, 2025. The bank reported a consolidated net profit of Rs 21.20 Cr. A significant one-time charge of Rs 3,324.24 Cr was recognized due to the adoption of a new, lower tax regime, impacting the quarter's profitability. Asset quality showed improvement, with Gross NPAs at 3.95% and Net NPAs at 0.40%. The Provisioning Coverage Ratio remains robust at 96.88%. Additionally, the bank noted the impact of various Regional Rural Bank amalgamations, leading to adjustments in its consolidated reserves.