Comments
Punjab National Bank (PNB), the country’s second-largest public sector bank, on Friday reported a standalone net profit of ₹1,159 crore for the fourth quarter ended March 31, 2023.
This reflected a 477 per cent increase over the net profit of ₹201 crore recorded in the same quarter last fiscal.
The Board of Directors has recommended a dividend of ₹0.65 per equity share (32.5%) with a face value of ₹2 each for fiscal 2022–23.
On a consolidated basis, PNB’s fourth quarter profits came in at ₹1,741 crore, the bank’s filing with the stock exchanges showed.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.