New Delhi, May 7 -- :Government-owned Punjab National Bank (PNB) on Wednesday reported a net profit of Rs 4,567 crore for January-March quarter of financial year 2024-25, which represents a 51.7 per cent jump over the corresponding figure of Rs 3,010 crore for the same period of the previous financial year.

The PNB has announced a dividend of Rs 2.90 per equity share for the financial year 2024-2025. The bank's net interest income, the difference between interest paid for deposits and interest earned on loans, for the fourth quarter rose 4 per cent to Rs 10,757 crore.

The PNB board has recommended a dividend of Rs 2.90 per equity share of face value of Rs 2 each for FY25. The dividend is subject to approval of the shareholders at the en...