Government-owned Punjab National Bank (PNB) on Saturday reported a 159 per cent surge in its net profit to Rs 3,252 crore for the April-June quarter of 2024.25 compared to the corresponding figure of Rs 1,255 crore in the same quarter of 2023-24.
According to police officials, the police teams investigating the crime succeeded in zeroing in on the suspect within 12 hours of the robbery by following the footage available from various CCTV cameras.
On a sequential basis, the state-run lender's net profit jumped by 35.4 per cent compared to the Oct-Dec quarter
Police reached the spot on information and rushed the injured cashier Narendra Singh Shekhawat to a private hospital.
The agreement was signed at IREDA's registered office, which paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects.
The interest rate on the new home loan and auto loan variant will be directly linked to the repo rate and thereby help in quick monetary transmission.
At 10.43 a.m., PNB shares were trading at 73.95 apiece, down 9.54 per cent before hitting an intra-day low of 73.15 a share.
PNB slipped back into losses during the quarter in consideration after coming back into the black in the previous quarter ending December.
Official sources in the Finance Ministry said that banks have informed the ministry that they were not ready to wait endlessly to restore health of the beleaguered airline and if attempts to bring in a strategic investor fails or is not completed by June 30, lenders may immediately initiate bankruptcy proceedings against Jet.
The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.
