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State-run banking major Punjab National Bank (PNB) has posted a 31.09 percent increase in its net profit at Rs.926.96 crore for the quarter ended Sep 30 as compared to Rs.707.09 crore reported in the like period last year.
The bank's total income grew 14.35 percent to Rs.6,075.86 crore during the quarter under review as against Rs.5,313.18 crore for the quarter ended Sep 30, 2008.
Gross non-performing assets (NPAs) stood at 1.58 percent in the quarter under review, down from 2.18 percent a year earlier.
Earning per share was at Rs.29.40, up from Rs.22.43 in the year-ago period.
Last updated on Oct 29th, 2009 at 13:50 pm IST--IANS
Renault-Nissan chief executive Carlos Ghosn Tuesday confirmed that the alliance is in talks with Indian truck maker Ashok Leyland for making small cars.
Despite a debt touching Rs.64,924 crore, Punjab is moving closer to the national growth rate of 7.2 per cent, Finance Minister Manpreet Singh Badal said Tuesday.
The Haryana assembly Tuesday made provision for the refund of stamp duty of the notified special economic zones (SEZ) in the state.
InfoGroup Inc's Indian-American founder Vinod Gupta, without admitting or denying wrongdoing, has agreed to pay $7.4 million in penalties and a ban from positions of authority in publicly traded companies in a case of alleged fraud.
Jharkhand Deputy Chief Minister Raghubar Das Tuesday warned of action against banks not giving loans to unemployed youth under the Prime Minister's Employment Generation Programme (PMEGP).
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