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via gurufocus.comBusiness & Companies

Punjab National Bank: profit up 12.8% in Q2 FY27 as NPAs hit multi-year low

FROM THE WIRE · GURUFOCUS.COM

Global Business: INR31.18 lakh crore, up 11.9% Y-o-Y.Global Deposits: INR17.77 lakh crore, up 9.9% Y-o-Y.Advances: INR13.41 lakh crore, up 14.7% Y-o-Y; up 17.4%

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishHigher profit and improving asset quality are relevant for the Indian state-owned bank's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Global business was INR 31.18 lakh crore, up 11.9% year over year.
  2. 02Global deposits reached INR 17.77 lakh crore, up 9.9% year over year.
  3. 03Advances rose 14.7% year over year to INR 13.41 lakh crore.

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