Punjab National Bank profit down to Rs 549 cr

Chennai, Nov 5: Government-owned Punjab National Bank on Saturday said it has posted a net profit of Rs 549.36 crore for the quarter ended on September 30.

In a regulatory filing in BSE, the Punjab National Bank said it has posted a net profit of Rs 549.36 crore for the quarter ended on September 30, 2016 as compared to Rs 621.03 crore for the quarter that ended on September 30, 2015.

The bank's total income for the period under review stoo at Rs 14,218.27 crore, up from Rs 13,701.93 crore earned for the quarter ended September 30, 2015.