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Friday, April 6, 2012

PNB Ernakulam circle posts Rs 107-cr profit

The Ernakulam circle of Punjab National Bank has crossed Rs 100-crore mark in net profit during last fiscal.

The net profit as on March 31 stood at Rs 107 crore, Mr K.V. Rajesh, deputy general manager and circle head of the region, said. The total business of the region is nearing Rs 5,000 crore.

The Ernakulam circle of Punjab National Bank consists of its branches in eight districts from Trivandrum to Trichur. The bank recently launched exclusive salary accounts for defence/police personnel, nurses of private hospitals and State government employees. This has been getting very encouraging response, Mr Rajesh said.

The bank has also helped different sections of needy people under CSR. During the period, cash deposit machines were installed in a number of branches of the circle.

Soon the bank will open branches with ATM at Aroor (Alleppey), Maradu, Piravom (Ernakulam), Karunagappally (Kollam), Erattupetta, Kothanalloor, Vaikom (Kottayam), Attingal, Varkala, Vizhinjam (Thiruvananthapuram) and Wadakkanchery in Trichur district, Mr Rajesh said.

cj@thehindu.co.in

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