PNB's High Operating Profit Despite Reduced Net Profit

Punjab National Bank's profits went down a bit because of a tax change, but the bank is still making a lot of money.

They're seeing more problems with small business loans, especially those under ₹10 lakh, but are working to fix this with digital processes.

Despite expecting less growth in money coming into the bank, PNB thinks it can still lend out a lot of money.

They also stopped charging fees for low account balances, hoping to attract more savers and make up the lost money.