New Delhi, Jan 14: Punjab National Bank today gave a 25 per cent interim dividend of Rs 53.06 crore for 2003-04 to the government. The cheque towards interim dividend was handed over to banking secretary N S Sisodia by PNB chairman S S Kohli, a bank statement said here.
PNB earned a net profit of Rs 551.52 crore in the first half of this fiscal, showing an increase of about 34 per cent from the level in the year-ago period.
The bank's capital reserves surged by about 21 per cent to Rs 4,579 crore during April-September 2003-04 against Rs 3,789 crore in the year-ago period. Bureau Report