PNB Delivers Power-Packed Q4: Net Profit Soars 49%, Dividend Bonanza Announced!
Punjab National Bank (PNB) has reported a stellar 49% year-on-year jump in net profit, reaching ₹4,989 crore for the January-March quarter.
The bank’s robust performance was driven by strong growth in interest income and improved asset quality.
PNB’s total income for the quarter surged, reflecting the bank’s growing market presence and operational efficiency.
Asset quality saw a marked improvement, with gross Non-Performing Assets (NPAs) dropping significantly, underscoring effective risk management.
The Board of Directors has declared a generous dividend of ₹2.90 per share for shareholders, rewarding investor confidence.
The record date for the dividend has been set as June 20, 2025, with payment scheduled for July 27, 2025.
PNB’s capital adequacy ratio has strengthened, positioning the bank well for future growth and expansion.
The bank also announced plans to raise up to ₹8,000 crore through Basel III-compliant bonds in the coming financial year.
With profits doubling for the full financial year and a robust dividend payout, PNB has reaffirmed its status as a leading force in India’s banking sector.
Investors and stakeholders can look forward to sustained growth and enhanced returns as PNB continues its impressive turnaround story.
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