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4 PSU banks to declare Q1 results today

Our Bureau | Updated on July 24, 2014 Published on July 24, 2014

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Punjab National Bank, UCO Bank, Indian Bank and Allahabad Bank will be in focus on Friday, as they are coming out with the current fiscal’s first quarter performance. Eyes are now on PSU banks after Canara Bank failed to meet analysts’ expectation. They will be keen on the asset quality of these banks. Among them, Punjab National Bank will witness special attention, as analysts expect the bank to report a drop in net profit due to higher provisioning.

Published on July 24, 2014
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