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Bank of India climbs on posting Q4 PAT at Rs Rs 250 cr

Read more about Bank of India climbs on posting Q4 PAT at Rs Rs 250 cr on Business Standard. Bank of India rose 2.62% to Rs 82.30 after the public sector bank reported a net profit of Rs 250.19 crore in Q4 FY21 as against a net loss of Rs 3,571.41 crore in Q4 FY20. ....

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Punjab & Sind Bank shares jump nearly 7% on Q4 profit - The Hindu BusinessLine


Punjab & Sind Bank shares jump nearly 7% on Q4 profit
PTI
New Delhi |
Updated on
May 24, 2021
In Q4FY21, the state-run bank turned in a profit following eight consecutive quarters of losses
Shares of Punjab & Sind Bank on Monday jumped nearly 7 per cent as the company turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses.
The stock rallied 6.60 per cent to ₹21.80 on the BSE.
On the NSE, it jumped 6 per cent to ₹21.80.
The state-run bank turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses, posting a profit after tax of ₹161 crore on the back of improvement in recoveries and decline in bad loans. ....

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