Punjab and Sind Bank Q2 net profit falls by 21%

Punjab and Sind Bank (PSB) Second Quarter (Q2) net profit falls by 21 percent.

State-owned public sector lender Punjab and Sind Bank (PSB) today said its net profit for the July-September period fell by 20.8 per cent to Rs 117.07 crore.

Its net profit over the same quarter a year ago stood at Rs 147.76 crore.

The total income of the state-owned lender grew by 10.2 per cent to Rs 1,885.75 crore in the second quarter from Rs 1,711.27 crore over the corresponding period a year earlier, PSB said in filing to BSE.

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