labels: banks & institutions
Punjab and Sindh Bank net spurts by 74%news
Our Banking Bureau
01 June 2002

New Delhi: Punjab and Sind Bank (PSB) has recorded a net profit of Rs 23.04 crore for 2001-02 a 73.76-per cent rise over the net of Rs 13.26 crore in the previous year.

The operating profit of the bank has risen to Rs 163.70 crore, as against Rs 102.74 crore in the year before.

The bank has been able to reduce its net non-performing assets marginally from 12.70 per cent to 11.70 per cent during 2001-02.


 

 


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Punjab and Sindh Bank net spurts by 74%