Performance Highlights for Punjab National Bank:Year 2011-12
Performance Highlights for Punjab National Bank:
Total Business Crosses Rs 6.73 Lac Cr,.
Total Assets Cross Rs 4.58 Lac Cr,
Operating profit for the year Crosses rs 10,000Cr mark,
Net Profit Q4 records 18.6% growth to reach Rs 1424 Cr. PNB reported the growth of 18.6 per cent in its net profits for the fourth quarter ended March 2012 at Rs 1,424 crore.Punjab National Bank has informed that the Board of Directors of the Bank at its meeting held on May 09, 2012, inter alia, have recommended Annual Dividend of Rs. 22/- (Rupees twenty two only) (i.e. 220%) per Equity Share of Rs. 10/- each for the F.Y. 2011-12, subject to declaration in the ensuing Annual General Meeting. The total income of the bank rose 27.6 per cent to Rs 10,955.73 crore during the three months ended March 2012 from Rs 8,585.65 crore a year ago. Net interest income increased 9.3 per cent to Rs 3,310 crore from Rs 3,029 crore year-on-year.Annual fiscal ended March 2012, the bank reported 10 per cent growth in its consolidated net profits at Rs 5,025.46 crore from Rs 4,574.73 crore during the previous fiscal.
Total Business Crosses Rs 6.73 Lac Cr,.
Total Assets Cross Rs 4.58 Lac Cr,
Operating profit for the year Crosses rs 10,000Cr mark,
Net Profit Q4 records 18.6% growth to reach Rs 1424 Cr. PNB reported the growth of 18.6 per cent in its net profits for the fourth quarter ended March 2012 at Rs 1,424 crore.Punjab National Bank has informed that the Board of Directors of the Bank at its meeting held on May 09, 2012, inter alia, have recommended Annual Dividend of Rs. 22/- (Rupees twenty two only) (i.e. 220%) per Equity Share of Rs. 10/- each for the F.Y. 2011-12, subject to declaration in the ensuing Annual General Meeting. The total income of the bank rose 27.6 per cent to Rs 10,955.73 crore during the three months ended March 2012 from Rs 8,585.65 crore a year ago. Net interest income increased 9.3 per cent to Rs 3,310 crore from Rs 3,029 crore year-on-year.Annual fiscal ended March 2012, the bank reported 10 per cent growth in its consolidated net profits at Rs 5,025.46 crore from Rs 4,574.73 crore during the previous fiscal.
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