Mumbai, May, 9: Punjab National Bank(PNB), the second largest public sector lender of the country, has reported a marginal growth of 3.54% in its net profit at Rs 1,424.06 crore in the quarter ended March 2012 as agaist the Rs 1200.90 crore in same period last year.
PNB's net profit has grown to Rs 1,424.06 crore for the quarter ended March 2012 from 1200.90 crore in the same period a year-ago. Total income increased by 37.44% to Rs 10,955.73 crore for the quarter ended March 2012 from Rs 8585.65 crore for the quarter ended March 2011.
On year on Year basis, The PSU lender has posted a net profit of Rs. 4884.20 crores for the year ended March 31, 2012 as compared to Rs. 4433.50 crores for the year ended March 31, 2011. Total Income of the bank has increased from Rs. 30599.06 crores for the year ended March 31, 2011 to Rs. 40630.63 crores for the year ended March 31, 2012.
Punjab National Bank board has have recommended Annual Dividend of Rs. 22 (220%) per Equity Share of Rs. 10/- each for the F.Y. 2011-12.
The capital adequacy ratio of Punjab National Bank under Basel-I has grown up to 11.59% for this quarter from 10.46% at the corresponding period of last year, while CAR under Basel-II also increased to 12.63% from 11.48% from corresponding period of last year.
At the same time net NPA of Punjab National Bank has increased to Rs 4454.23 crore for last quarter of financial year 2012 from Rs 2038.63 crore in same period of last year.
Public shareholdings in Punjab National Bank have fallen down to 42% for this quarter from 44.90% in same period of last year, whereas govt. holding fall to 56.10 %.
The PNB Group has posted a net profit of Rs. 5025.46 crore for the year ended March 31, 2012 as compared to Rs. 4574.73 crore for the year ended March 31, 2011. Total Income of group has increased from Rs. 31206.60 crore for the year ended March 31, 2011 to Rs. 41686.82 crore for the year ended March 31, 2012.
Mumbai, May, 9: Punjab National Bank(PNB), the second largest public sector lender of the country, has reported a marginal growth of 18.67% in its net profit at Rs 1,424.06 crore in the quarter ended March 2012 as agaist the Rs 1200.90 crore in same period last year.
PNB's net profit has grown to Rs 1,424.06 crore for the quarter ended March 2012 from 1200.90 crore in the same period a year-ago. Total income increased by 27.60% to Rs 10,955.73 crore for the quarter ended March 2012 from Rs 8585.65 crore for the quarter ended March 2011.
On year on Year basis, The PSU lender has posted a net profit of Rs. 4884.20 crores for the year ended March 31, 2012 as compared to Rs. 4433.50 crores for the year ended March 31, 2011.
Total Income of the bank has increased from Rs. 30599.06 crores for the year ended March 31, 2011 to Rs. 40630.63 crores for the year ended March 31, 2012.
Punjab National Bank board has have recommended Annual Dividend of Rs. 22 (220%) per Equity Share of Rs. 10/- each for the F.Y. 2011-12.
The capital adequacy ratio of Punjab National Bank under Basel-I has grown up to 11.59% for this quarter from 10.46% at the corresponding period of last year, while CAR under Basel-II also increased to 12.63% from 11.48% from corresponding period of last year.
At the same time net NPA of Punjab National Bank has increased to Rs 4454.23 crore for last quarter of financial year 2012 from Rs 2038.63 crore in same period of last year.
Public shareholdings in Punjab National Bank have gone up to 44.90% for this quarter from 42% in same period of last year, whereas govt. holdings fall to 56.10 %.
The PNB Group has posted a net profit of Rs. 5025.46 crore for the year ended March 31, 2012 as compared to Rs. 4574.73 crore for the year ended March 31, 2011. Total Income of group has increased from Rs. 31206.60 crore for the year ended March 31, 2011 to Rs. 41686.82 crore for the year ended March 31, 2012.
