Punjab & Sind Bank Q3 Net Profit Up 19% YoY
Punjab & Sind Bank Q3 Earnings
**Headline: Punjab & Sind Bank Posts 19% Profit Growth on Improved Asset Quality**
* **Financial Performance:** State-run Punjab & Sind Bank reported a net profit of **₹336 crore** for the quarter ended December, marking a **19% year-on-year increase** from ₹282 crore in the corresponding period of the previous fiscal.
* **Key Driver:** The Delhi-headquartered lender attributed the profit growth to a reduction in bad loans, reflecting a continued improvement in the bank's asset quality.