PNB posts surprise Q3 profit on lower provisioning for NPAs
Profit rose 7.2% to 246.5 crore in the December quarter, from 230 crore a year ago
BY GIREESH CHANDRA PRASAD
firstname.lastname@example.org NEW DELHI
Punjab National Bank (PNB) swung to a net profit in the third-quarter of this fiscal, helped by lower provisioning for bad loans, after three consecutive quarters of losses.
Profit at the second-largest state-run bank rose 7.2% to ` 246.5 crore in the...
Read latest Mint Asia online.