Punjab & Sind Bank has reported results for the fourth quarter and year ended March 31, 2020.
The bank has reported net loss of Rs 236.30 crore for the quarter under review as compared to net loss of Rs 58.57 crore for the same quarter in the previous year. Total income of the bank decreased by 0.65% at Rs 2289.43 crore for Q4FY20 as compared Rs 2304.37 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported net loss of Rs 990.80 crore as compared to net loss Rs 543.48 crore for the previous year. Total income of the bank decreased by 5.97% at Rs 8826.92 crore for year under review as compared to Rs 9386.95 crore for year ended March 31, 2019.
