Brief: India's Punjab & Sind Bank Reports Sept-Qtr Net Profit

Punjab & Sind Bank

01/11/2021 08:21

Nov 1 (Reuters) - Punjab & Sind Bank  PUNA.NS :
    * SEPT-QUARTER NET PROFIT 2.18 BILLION RUPEES VERSUS LOSS
4.01
BILLION RUPEES YEAR AGO
    * SEPT-QUARTER INTEREST EARNED 17.41 BILLION RUPEES VERSUS
18
BILLION RUPEES YEAR AGO
    * SEPT-QUARTER PROVISIONS & CONTINGENCIES 1.51 BILLION
RUPEES
VERSUS 8.39 BILLION RUPEES YEAR AGO
    * SEPT-QUARTER PROVISIONS FOR NPAS 6.27 BILLION RUPEES
VERSUS 8.22
BILLION RUPEES YEAR AGO
    * SEPT-QTR GROSS NPA 14.54% VS 13.33% PREV QTR      
    * SEPT-QTR NET NPA 3.81% VS 3.61% PREV QTR
    * PROVISION COVERAGE RATIO AS AT SEPT 30 WORKS OUT TO 84.44%

Source text for Eikon:  ID:nBSE2wK4Wc 
Further company coverage:  PUNA.NS 

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