PNB Q2 net profit up 78% to Rs 1,105 crore

Domestic deposits grew by 5.4 per cent on y-o-y basis to Rs 10,98,117 crore


PNB Q2 net profit up 78% to Rs 1,105 crore
29 November 2013

Global Gross Business increased by 3.6 %

Thesynergyonline Banking Bureau
NEW DELHI, OCTOBER 27 :

Punjab National Bank (PNB) reistered net profit of Rs 1,105 crore in the second quarter of fiscal 2021-22 from Rs 621 crore in Q2 FY'21 with year-over- year (y-o_y growth of 78 per cent

The bank's Global Gross Business increased by 3.6 per cent ony-o-y basis to Rs 18,51,097 crore as at the end of September'21.

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Domestic gross business

Domestic Gross Business increased by 4.3 per cent on y-o-y basis to Rs 18,13,916 crore as at the end of September'21.

Domestic Deposits grew by 5.4 per cent on y-o-y basis to Rs 10,98,117 crore as at the end of September'21 as against Rs 0,41,681 Crore in September'20.

Domestic Advances increased to Rs 7,15,799 crore as at the end of September'21 from Rs 6,97,342 crore in September'20 with growth of 2.7 per cent.

Domestic CASA Share improved by 132 bps on Y-o-Y basis to 45.4 per cent in September'21. CASA Deposits grew by 8.6 per cent on y-o-y basis toRs 4,98,757 crore in September'21.

Savings Deposit grew by 8.6 per cent on y-o-y basis to Rs 4,26,799 crore as on September'21.

Reail term eposits

Retail Term Deposit (less than Rs 2 crore) grew by 7.6 per cent on y-o-y basis to Rs 5,20,026 crore as on September' 21.

Retail TD Retail Credit increased by 6.7 per cent on y-o -y basis toRs 1,20,875 crore as at the end of September'21.

Retail, Agriculture & MSME (RAM) Share to Domestic Advances improved to 54.7 per cen in September'21 from 53.9 % in September'20.

Total Recovery including Cash and Up-gradation improved sequentially to Rs 9,126 Crore in Q2 FY'22 from the level of Rs 8,270 crore in Q1 FY'22. Recovery for HY1 FY'22 was at Rs 14608 crore.

GNPA rratio

GNPA ratio improved by 70 bps to 13.63 per cent in September'21 from 14.33 per cent in June'21, NNPA ratio improved by 35 bps to 5.49 per cent in September'21 from 5.84 per cent in June'21 and PCR including TWO stood at 80.8 per cent.

CRAR improved to 15.20 per cent in September'21 from 12.84 per cent in September'20. .

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