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PNB Q4 results: Net profit down 66% to ₹201 cr

File Photo of Punjab National Bank 

On Wednesday, PNB shares closed 0.45% lower at 33.15 apiece on NSE.

The lender's net interest income (NII) -- difference between interest earned and interest expended -- rose 5% to 7,305 crore for the quarter under review.

On the asset quality front, gross non-performing assets (NPAs) fell to 11.78%, compared with last year, while net NPAs stood at 4.80% during the fourth quarter.

The Bank's Board has also recommended a dividend of 0.64 per equity share for the year 2021-22.

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