PNB Q4 loss narrows to Rs.4,750 crore on lower provisions

Описание: PNB on Tuesday reported a Rs.4,750-crore loss for the March quarter, improving its performance from a year ago when it reported a Rs.13,417-crore loss. The state-owned lender's provisions declined to Rs.7,611 crore during the quarter, from Rs.12,970 crore last year. The lender's net interest income grew 37.1% from a year ago to Rs.4,200 crore in the March quarter. #sutathu,#pnbq4,#lossnarrows,#business