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Syndicate Bank standalone net profit declines 73.80% in the June 2016 quarter

Net profit of Syndicate Bank declined 73.80% to Rs 79.13 crore in the quarter ended June 2016 as against Rs 301.98 crore during the previous quarter ended June 2015. Total Operating Income rose 0.72% to Rs 5864.63 crore in the quarter ended June 2016 as against Rs 5822.65 crore during the previous quarter ended June 2015.

Punjab National Bank standalone net profit declines 57.49% in the June 2016 quarter

Net profit of Punjab National Bank declined 57.49% to Rs 306.36 crore in the quarter ended June 2016 as against Rs 720.71 crore during the previous quarter ended June 2015. Total Operating Income declined 3.82% to Rs 11574.94 crore in the quarter ended June 2016 as against Rs 12034.69 crore during the previous quarter ended June 2015