PNB net profit rises 14% to Rs 4,904 crore as asset quality improves
Punjab National Bank posted a robust 14% net profit surge to Rs 4,904 crore in Q2 FY26, fueled by increased total income and improved asset quality. Gross NPAs significantly dropped, while deposits and advances saw healthy growth. The bank also reported strengthened capital ratios and accelerated digital adoption, projecting 11-12% credit growth for FY26.
Punjab National Bank posted a robust 14% net profit surge to Rs 4,904 crore in Q2 FY26, fueled by increased total income and improved asset quality. Gross NPAs significantly dropped, while deposits and advances saw healthy growth. The bank also reported strengthened capital ratios and accelerated digital adoption, projecting 11-12% credit growth for FY26.
