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PNB Q2 Review: Brokerages Hike Target As Higher NIM, Lower Credit Costs Support Earnings Outlook

PNB Q2 Review: Brokerages Hike Target As Higher NIM, Lower Credit Costs Support Earnings Outlook

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PNB reported a net profit of Rs 5,532 crore in Q2FY27, compared with Rs 4,904 crore a year earlier. Net interest income (NII) rose 10.8% YoY to Rs 11,601 crore. Net interest margin (NIM) improved eight basis points sequentially to 2.58% from 2.50% in the June quarter.

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