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The Economic Times

Economy / The Economic Times

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PNBs Q3 profit rises 13% to record Rs 5,100 crore; focus on RAM, loan recoveries

Punjab National Bank reported its highest-ever quarterly net profit of 5,100 crore for the December quarter, a 13% increase year-on-year. The bank aims for consistent quarterly profits exceeding 5,000 crore, driven by growth in retail, agriculture, and MSME sectors, along with new profit-generating verticals. PNB also made a significant floating provision for the ECL framework to strengthen its balance sheet.

20 Jan 2026 12:31 am