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Punjab National Bank Q2 Profit Rises 12.8% to Rs 5,532 Crore

Punjab National Bank reported a 12.8% year-on-year increase in net profit for the September quarter of FY27, to Rs 5,532 crore. The bank said it sees no immediate need to raise deposit rates after the RBI rate hike.

PNB

New Delhi, Oct. 16 -- Punjab National Bank (PNB) reported a 12.8 per cent year-on-year rise in net profit in the September quarter of FY27, supported by higher interest income and improving asset quality, even as the bank said it sees no immediate need to raise deposit rates following the Reserve B…