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Economy Mumbai, IndiaThe Times of India

Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

Jul 18, 2026, 10:59 AM· 2 hours ago· Original: EN

Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

Punjab National Bank reported a substantial net profit increase for the quarter ending June 30, 2026. The bank's standalone net profit rose over 200 percent year-on-year. This growth was primarily driven by a sharp decline in tax outgo. Non-interest income saw a decrease, impacting overall operating income. Asset quality improved, with gross and net NPAs declining significantly.

Local source · The Times of India · Mumbai, India

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