Punjab & Sind Bank Q1 Net Profit Declines 25.37% YoY To Rs 153 Crore, Announces Foray Into Mutual Funds – Top Speed News
Punjab and Sind Bank on Saturday, August 5, reported a 25.37 per cent decline in its net profit to Rs 153 crore for the April-June 2023 quarter, compared with the Rs 205 crore reported a year ago. The state-owned bank’s asset quality, however, improved, with its gross NPA declining to 6.8 per cent of the…