Pnb Q3

• 

  Punjab National Bank Reports Surprise Quarterly Profit On Lower Provisions

  Punjab National Bank (PNB), India's second largest government-owned lender by assets, reported a surprise profit in October-December quarter, aided by lower provisioning for bad loans. Punjab National Bank's net profit rose 7.12 per cent annually to Rs 246.51 crore, according to a regulatory filing by the lender. The net profit surprised analysts a...

• 

  Punjab National Bank Q3 Net Profit Surges; Bad Loans Stable

  Net profit of PNB rose to Rs 207 crore for the three months to Dec. 31 from Rs 51 crore a year earlier, the state-run lender said in a stock exchange filing.

• 

  Nifty Slumps to Lowest in 20 Months as Banking Stocks Bleed

  Lenders that had reported earnings yesterday continued to be hammered down. Punjab National Bank (PNB), which posted an operational loss because provisions for bad loans doubled in Q3, closed nearly 9 per cent lower today. The stock has shed 16 per cent in the previous two sessions.

• 

  Punjab National Bank Profit Plunges, Sees More Bad Loans

  PNB, the first major state-run lender to report third-quarter results, said its net profit tumbled to Rs 51 crore for the three months to December 31 from Rs 775 crore a year earlier, hurt by sharply higher sour debt provisions.

• 

  Punjab National Bank Profit Plunges Over 90% in Q3, Shares Fall

  Punjab National Bank's gross non-performing assets (bad loans) surged to 8.47 per cent of advances in Q3 against 6.36 per cent in Q2, prompting the lender to double provisions to Rs 3,776 crore in Q3 from Rs 1,882 crore in Q2.

• PNB Misses Q3 Estimates; Shares Fall on Higher NPA

  Punjab National Bank's gross non-performing assets, as a percentage of net advances, grew to 5.97 per cent in the December quarter against 5.65 per cent last quarter.

• PNB Q3 net below estimates, but lower NPAs lift shares

  Net non-performing assets (NPA) came down to 2.8 per cent of advances in the December quarter from 3.07 per cent in the September quarter. Gross NPAs also came down to 4.96 per cent of advances from 5.14 per cent in Q2.

• Punjab National Bank Q3 profit seen at Rs 914 crore: StarMine

  StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Punjab National Bank to report a profit of Rs 914 crore for the quarter, compared with a consensus mean estimate of Rs 899 crore.

• Sensex drops over 100 points; PNB soars 9% on Q3

  The BSE Sensex traded with deep cuts in afternoon session on Thursday tracking weak global cues and selloff in blue chops such as Reliance Industries and ICICI Bank. Markets were choppy ahead of the derivatives export today.

• PNB soars over 10%, m-cap jumps Rs 2,653 cr after Q3 results

  Shares of Punjab National Bank (PNB) today spurted by over 10 per cent after the company reported 13.5 per cent growth in net profit for the third quarter ended December 31, 2012 on account of lower provisions and higher cash recovery.

• PNB falls on Q3 profit, Kingfisher loan termed non-performing

  Higher provisioning for bad loans hurt the bottom line, analysts said.