In a bid to expand fee-based income, state-owned Punjab & Sind Bank is planning to foray into mutual fund space and hopes to find a partner by September, a senior official has said. “The bank has already floated a Request for Proposal to finalise a partner in the Fintech space, and we hope… Continue reading Punjab & Sind Bank plans to foray into mutual fund space; to finalise partner by Sep
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Punjab & Sind Bank Q1 net profit falls 25 pc to Rs 153 crore
Public sector lender Punjab & Sind Bank on Saturday reported a 25 per cent decline in net profit to Rs 153 crore for the June 2023 quarter, partly due to the provision of wage revision and fresh slippages. The lender had reported a net profit of Rs 205 crore in the April-June quarter… Continue reading Punjab & Sind Bank Q1 net profit falls 25 pc to Rs 153 crore