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Our Bureau

New Delhi, May 1

PNB Housing Finance Ltd, a wholly-owned subsidiary of Punjab National Bank, has reported a 56.90 per cent increase in net profit for the year ended March 31, 2007 to Rs 27.96 crore against Rs 17.82 crore in the previous year. A statement issued by the company said its total income for the period under review increased by 49.22 per cent to Rs 152.82 crore (Rs 102.41 crore).

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