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PNB Q2 results

PNB sees 12% decline in net profit; provisions up by 35%

PNB sees 12% decline in net profit; provisions up by 35%

Sat, Nov 05, 2016

While provisions and contingency stood at Rs 2533.76 crore, witnessing rise of 34.62% yoy but decline of 7.47% qoq. Gross non-performing assets (GNPA) stood at 13.63%, expanding by 727 basis point yoy but contracting by 12 basis points qoq. 

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