Brief: India's Punjab & Sind Bank Posts Dec-Quarter Net Profit

Punjab & Sind Bank

07/02/2022 09:18

Feb 7 (Reuters) - Punjab & Sind Bank  PUNA.NS :
    * DEC-QUARTER NET PROFIT 3.01 BILLION RUPEES VERSUS LOSS
23.76
BILLION RUPEES YEAR AGO
    * DEC-QUARTER INTEREST EARNED 18.71 BILLION RUPEES VERSUS
17.63
BILLION RUPEES YEAR AGO
    * DEC-QUARTER GROSS NPA 14.44% VERSUS 14.54% PREV QUARTER
    * DEC-QUARTER NET NPA 3.01% VERSUS 3.81% PREV QUARTER
    * DEC-QUARTER PROVISIONS & CONTINGENCIES 263.5 MILLION
RUPEES
VERSUS 29.16 BILLION RUPEES YEAR AGO
    * DEC-QUARTER PROVISIONS FOR NPAS 3.25 BILLION RUPEES VERSUS
14.82
BILLION RUPEES YEAR AGO
    * PROVISION COVERAGE RATIO AS AT DEC 31, 2021 WORKS OUT TO
87.77%

Source text for Eikon:  ID:nBSE9K8BP7 
Further company coverage:  PUNA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))