Result Update : Punjab & Sind Bank

Net profit of bank rose 102% to Rs.72.93 crore for the second quarter ended September 30, 2006 against Rs.36.08 crore over the same period last year. The deposits grew by 35.44% to Rs.19,372 crore and advances grew by 55.28% to Rs.7,255 crore from Sept. 05 to Sept. 06. The net NPA stood at 1.81 % at Sept. 06.