PNB2019-07-012019-09-30in-bse-fin:OneOperatingExpenses01Member PNB2019-07-012019-09-30in-bse-fin:FourOperatingExpenses01Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue01Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue02Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue03Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue04Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue05Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue01Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue02Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue03Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue04Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue05Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults01Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults02Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults03Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults04Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults05Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults01Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults02Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults03Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults04Member PNB2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults05Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets01Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets02Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets03Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets04Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets05Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member PNB2019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member PNB2019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities03Member PNB2019-09-30in-bse-fin:OneReportableSegmentLiabilities03Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities04Member PNB2019-09-30in-bse-fin:OneReportableSegmentLiabilities04Member PNB2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities05Member PNB2019-09-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PNB Punjab National Bank 2019-04-01 2020-03-31 INR Half yearly Not applicable 2019-09-30 Unaudited Consolidated 89590300000.00 39367000000.00 6228400000.00 319900000.00 135505600000.00 22932100000.00 158437700000.00 91828400000.00 16959400000.00 13100800000.00 30060200000.00 121888600000.00 36549100000.00 30935600000.00 0.00 5613500000.00 1313200000.00 4300300000.00 0.00 4300300000.00 1417400000.00 20300000.00 5697400000.00 9208100000.00 2.00 0.7541 0.1109 0.0128 1.24 1.24 1.24 1.24 0.00 0.00 0.00 0.00 0.00 1.tThe financial results for the quarter and half year ended 30th September, 2019, have been prepared in accordance with AS 25 Interim Financial Reporting issued by ICAI, following the same accounting policies and practices as those followed in the annual financial statements for the year ended 31st March, 2019. n2.tThe Consolidated Financial Results are prepared in accordance with Accounting Standard 21 on “Accounting for Consolidated Financial Statements”, Accounting Standard 23 on Accounting for “Investment in Associates” and Accounting Standard 27 on “Financial Reporting of Interest in Joint Ventures”. n3.tThe Consolidated Financial Statements of the Group comprise Financial Statements of 5 subsidiaries, 8 Associates & 1 Joint Venture. The consolidated results are prepared in accordance with section 133 of Companies Act, 2013 and regulation 33 of Securities & Exchange Board of India (SEBI) (Listing Obligation and Disclosure requirements, 2015) n4.tThe above Financial Results have been reviewed by the Audit Committee of Board and approved by the Board of Directors in the meeting held on 05.11.2019. The same have been subjected to a limited review by the Statutory Central Auditors of the bank, in line with the guidelines issued by the Reserve Bank of India and as per the requirement of listing agreement with Stock Exchanges. n5.tThe financial results of the bank have been arrived at after considering provisions for non-performing assets, standard assets, restructured advances, standard derivative exposures, direct taxes including deferred tax, unhedged foreign currency exposure and investment depreciation on the basis of extant guidelines issued by Reserve Bank of India. Provisions for employee benefits pertaining to pension, gratuity and leave encashment have been made on actuarial basis. Other usual and necessary provisions have been made on estimated basis for the quarter and are subject to adjustments, if any, at the year end. n6.tIn terms of RBI circular no. DBR.No.BP.BC.1/21.06.201/2015-16 dated 01.07.2015 read together with RBI circular DBR.No.BP.BC 80/21.06.201/2014-15 dated March 31, 2015; banks are required to make Pillar 3 disclosures under BASEL III capital regulations. Accordingly, Pillar 3 disclosures under BASEL III capital regulations are being made available on Bank's website i.e. www.pnbindia.in. These disclosures have not been subjected to limited review by the Statutory Central Auditors. n7.tAs per RBI Letter no. DBR.No.BP.15199/21.04.048/2016-17 dated 23rd June, 2017 and letter no DBR.No.BP.1908/21.04.048/2017-18 dated 28th August, 2017 for the accounts covered under the provisions of Insolvency and Bankruptcy code (IBC), the bank is holding total provision of Rs 12736.52 crores (93.14% of Gross NPA advance of Rs 13674.58 crore under IBC) including additional provision of Rs 96.07 crores in said accounts as on Sept 30, 2019. n8.tDuring the quarter bank has availed dispensation for deferment of provision in respect of frauds amounting to Rs 2580.72 crores in terms of option available as per RBI circular no DBR No.BP.BC.92/21.04.048/2015-16 dated 18.04.2016. Accordingly an amount of Rs 645.19 crores has been charged to profit and loss account during the quarter and Rs 1935.53 crores has been deferred to subsequent quarters. Further out of unamortised amount of Rs 718.38 crore upto quarter ended June 2019 an amount of Rs 369.59 crore has been charged to Profit and Loss account during the quarter and remaining amount of Rs 348.79 crore has been carried forward to subsequent quarters. Total amount of remaining provision to be carried over to the subsequent quarters is Rs 2284.32 crore 2019-09-30 Unaudited Consolidated 179087600000.00 77232300000.00 11743100000.00 712300000.00 268775300000.00 43931600000.00 312706900000.00 182701900000.00 33978200000.00 23800100000.00 57778300000.00 240480200000.00 72226700000.00 51686700000.00 0.00 20540000000.00 5917400000.00 14622600000.00 0.00 14622600000.00 1945700000.00 129300000.00 16439000000.00 9208100000.00 2.00 0.7541 0.1109 0.0128 3.57 3.57 3.57 3.57 0.00 0.00 0.00 0.00 0.00 other operating expenses 13100800000.00 other operating expenses 23800100000.00 9.tPursuant to the proposed bipartite agreement on wage revision (due with effect from November 2017), a sum of Rs 129.66 crore has been provided during the quarter towards wage revision on estimated basis. (Cumulative provision; Rs 970.44 crores). n10.tDuring the quarter Government of India infused Rs 16091 Crore which has been shown under Share Application Money, pending allotment. The said share application money has been treated as part of CET 1 capital as on 30th Sep'2019 as permitted by RBI vide its letter No. DBR.CO.BP.No. 3021/21.01.002/2019-20 dated 15.10.2019. n11.tAs per RBI Circular No DBR.No.BP.BC.18/21.04.048/2018-19 dated 1st January 2019 on restructuring of Advances – MSME sector, the details of restructured accounts as on 30.09.2019 are as under: n nNo. of Accounts RestructuredtAmounts (Rs. in Crores) n28833t1302.79 n n12.tIn terms of RBI Circular No.DBR.BP.BC.No.50/21.06.201/2016-17 dated 2nd February, 2017 the Bank has made payment of Interest on Additional Tier -1 Bonds of Rs 134.70 Crore during the quarter by debiting Statutory Reserves. n13.tThe Government of India has pronounced Section 115BAA of the Income Tax Act, 1961 through Taxation Laws (Amendment) Ordinance, 2019. Bank continues to recognise the taxes on Income for the quarter and half year ended 30th September, 2019 as per the earlier provisions of Income Tax Act. n14.tThe Provisioning Coverage Ratio as at 30th Sept 2019 works out to 73.58%. n15.tDuring the quarter the Bank has revalued immovable properties based on the reports obtained from external independent valuers. The revaluation surplus amounting to Rs 1273.09 crore is credited to revaluation reserve. n16.tPursuant to the Accounting Standard – 10 (Revised 2016) on Property, Plant & Equipment, applicable from 1st April 2017, depreciation of Rs 20.06 Crores for the quarter on revalued portion of Fixed Assets has been transferred during the year from the Revaluation Reserve to Revenue Reserve instead of Crediting to Profit & Loss Account. n17.tDetails of Investor's complaints for the quarter ended Sept 30, 2019: Pending at Beginning: Nil; Received: 01; Disposed off: 01; Closing: Nil. n18.tIn accordance with SEBI regulations, for the purpose of consolidated financial results of the quarter and half year ended September 30,2019, minimum eighty percent of consolidated revenue, assets and profits have been included subject to audit or limited review n19.tThe consolidated financial figures for the quarter and half year ended Sept 30, 2018 has been certified by the management but unaudited/unreviewed by the auditors. In terms of SEBI (Listing Obligation and Disclosure Requirement) guidelines, the listing entities need to submit quarterly consolidated financial results in addition to standalone financial results from April 01, 2019 onwards. n20.tThe figures for the quarter ended September 30, 2019 are the balancing figures between reviewed figures in respect of the half year ended September 30, 2019 and the published year to date figures upto June 30,2019. n21.tFigures of the previous periods have been regrouped / rearranged / re-classified wherever necessary to conform to current period's classification. Corporate/wholesale Banking 65245100000.00 Other Banking Operations 3208500000.00 Retail Banking 38421800000.00 Treasury Operation 51562300000.00 Unallocated 0.00 Corporate/wholesale Banking 119119000000.00 Other Banking Operations 6433100000.00 Retail Banking 87708600000.00 Treasury Operation 99446300000.00 Unallocated 0.00 158437700000.00 312707000000.00 0.00 0.00 158437700000.00 312707000000.00 Corporate/wholesale Banking -6904200000.00 Other Banking Operations 751200000.00 Retail Banking 4499700000.00 Treasury Operation 14217200000.00 Unallocated 0.00 Corporate/wholesale Banking -14675300000.00 Other Banking Operations 1430000000.00 Retail Banking 15782200000.00 Treasury Operation 31079800000.00 Unallocated 0.00 12563900000.00 33616700000.00 0.00 0.00 6950400000.00 13076700000.00 5613500000.00 20540000000.00 Corporate/wholesale Banking 3319209800000.00 Other Banking Operations 210645100000.00 Retail Banking 1637573900000.00 Treasury Operation 2793487700000.00 Unallocated 277838800000.00 8238755300000.00 0.00 0.00 8238755300000.00 Corporate/wholesale Banking 3147506700000.00 Other Banking Operations 193847500000.00 Retail Banking 1592408000000.00 Treasury Operation 2659072600000.00 Unallocated 0.00 7592834800000.00 3619700000.00 3619700000.00 7596454500000.00 1. Segment Liabilities are distributed in the ratio of their respective Segment Assests. n2. Figures of the previous period have been re-grouped/re-classified wherever necesary