Punjab National Bank (PNB) reported a 103% jump in Q3 net profit to Rs 4,508 crore (Dec 2024), up from Rs 2,223 crore a year ago. Total income rose to Rs 34,752 crore, driven by higher interest income. Asset quality improved, with gross NPAs falling to 4.09% and net NPAs to 0.41%. Provisions for bad loans dropped sharply to Rs 318 crore, signaling stronger financial health.
