PNB reports 15% loan growth in Q3 PSU Watch
News Updates

PNB reports 15% loan growth in Q3

Punjab National Bank (PNB) on Thursday said it has posted a credit growth of 15 per cent at Rs 11.11 lakh crore for the December quarter

PTI

New Delhi: State-owned Punjab National Bank (PNB) on Thursday said it has posted a credit growth of 15 percent at Rs 11.11 lakh crore for the December quarter.

Total advances were Rs 9.67 lakh crore at the end of December 31, 2023, PNB said in a regulatory filing.

PSU Watch is now on Whatsapp Channels. Click here to join

The lender reported a 15.6 percent rise in total deposits to Rs 15.30 lakh crore as against Rs 13.23 lakh crore at the end of the third quarter of the previous financial year.

Total business of the bank rose 15.3 percent to Rs 26.42 lakh crore as compared to Rs 22.90 lakh crore at the end of December 31, 2023.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

CIL, DVC sign joint venture pact to set up 1,600 MW coal-fired power project in Jharkhand

Jasvinder Singh set to be next Director (Strategic Project) of HSL

Three Indian banks to be among global top-10 lenders in m-cap by 2030: Setty

NHAI starts road widening project to improve traffic flow from Dhaula Kuan to Delhi airport

Petronet LNG Q2 net profit falls 5% on lower volumes