Government-owned Punjab National Bank (PNB) announced a net profit of ₹4,567 crore for the January-March quarter of the 2024-25 financial year, marking a significant increase of 51.7% compared to ₹3,010 crore during the same period last year. The bank has proposed a dividend of ₹2.90 per equity share for the 2024-2025 financial year. PNB's net interest income—the difference between the interest earned on loans and the interest paid on deposits—grew by 4% in the fourth quarter, reaching ₹10,757 crore. The PNB board has recommended a dividend of ₹2.90 per equity share with a face value of ₹2 for FY25, pending approval from shareholders at the upcoming annual general meeting. The public sector bank's asset quality showed improvement in the January-March quarter, with gross non-performing assets (NPAs) reduced to 3.95% from 4.09% in the previous quarter. Net non-performing assets also saw a slight decline, falling to 0.41% from 0.4% in the third quarter.