Shares of state-owned lender Punjab National Bank (PNB) rallied 7% to the day’s high of Rs 128 on BSR after reporting a 159% year-on-year (YoY) jump in its net profit for the quarter ended June 30, 2024, while the bank’s net interest income (NII) rose to Rs 10,476 crore, up by 10% YoY.
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