Punjab National Bank (PNB), one of the leading public sector lenders in India, today reported a growth of 2.65% in net profit on year-on-year basis to Rs 7.75 billion for the quarter ended Dec. 31, 2014.1 
 
Total income increased by 8.24% to Rs 129.04 billion for the quarter ended Dec. 31, 2014 as compared to Rs 119.22 billion in the same period last year.

Shares of the bank declined Rs 14.5, or 7.55%, to trade at Rs 177.50. The total volume of shares traded was 2,443,730 at the BSE (12.49 p.m., Tuesday).