Punjab & Sind Bank rises after Q1 PAT gains 19% YoY to Rs 181 cr

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Punjab & Sind Bank rises after Q1 PAT gains 19% YoY to Rs 181 cr - Business Standard

Quick Summary:

Punjab & Sind Bank rallied 3.52% to Rs 70.87 after the bank's standalone net profit jumped 18.88% to Rs 181.50 crore on 14.09% increase in total income to Rs 2,846.02 crore in Q1 FY25 over Q1 FY24.

Bank has total 1,569 branches and 1,053 ATMs.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

Gross non performing assets (GNPA) fell 24.14% to Rs 4,144.93 crore as on 30 June 2024 as against 5,464.16 crore as on 30 June 2023.Dr.