Punjab National Bank (PNB) has reported results for third quarter ended December 31, 2019.
The bank has reported a net loss of Rs 492.28 crore for the quarter under review as compared to net profit of Rs 246.51 crore for the same quarter in the previous year. However, total income of the bank increased by 7.49% at Rs 15967.49 crore for Q3FY20 as compared Rs 14854.24 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net loss of Rs 501.93 crore for the quarter under review as compared to net profit of Rs 249.75 crore for the same quarter in the previous year. However, total income of the bank increased by 7.32% at Rs 16211.24 crore for Q3FY20 as compared Rs 15104.94 crore for the corresponding quarter previous year.
