Bre i tate Be punjab national bank HO: FINANCE DIVISION, SHARE DEPARTMENT, 5,SANSAD MARG, NEW DELHI-110001, ‘Tel Nos: 011-23708257, 011-23766079, E-mail hosd@pnb.co.in ‘SDFDISE/61/63 07" February, 2017 [Script Code : PNB ‘Script Code : 532461 |The Asstt. Vice President The Dy. General Manager | National Stock Exchange of India Limited | Bombay Stock Exchange Limited “Exchange Plaza’, 1" Floor, Phiroze Jeejeebhoy Towers Bandra = Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 054 ‘Mumbai — 400 001 Sir! Madam, Reg.: Reviewed/ Unaudited Financial Results for the quarter ended 31.12.2016 The Exchange is hereby informed that the Board of Directors of the Bank in its meeting held today i.e.07.02.2017, has approved Reviewed/ Unaudited Financial Results of the Bank for the quarter ended 31.12.2016 (copy enclosed). The meeting started at 10,0 a.m. and concluded at 1 .s<-a.m. We request you to please take note of the results in terms of Regulation 30 (schedule Ill) of the SEBI (LODR) Regulations 2015. Thanking you, Yours faithfully, Yue _ sp (Balbir Singh) Company Secretary ar aera: 7, are ao wa, =e Feet — 110 607 « GEA; 26102303 + BaeTEz : www_pnbindla.in Head Office : 7, Bhikhaiji Cama Place - 110 607 *Telephone : 26102303 + Website : www.pnbindia.in ‘aa es fs & Pes 24 rit hearer Fev € Punjab National Bank welcomes you toto ee 24 Rous alco 180 180222180103 222PUNJAB NATIONAL BANK [REVIEWED FINANCIAL RESULTS FOR THE QUARTERININE MONTHS ENDED 31st DECEMBER 2016 Ziniacs Pariculare ‘Guarier Ended Wine Wanthe Ended] Year Ended BitaaoTs | sowezIe | sizzoTe | siiZa01e | siazoTe | 31082016 Reviewed | Reviewed | Roviewed | Reviewod | Roviewed | Audited [interest Earned (asbeced) “Tiseavel 783038] 1222060] seauoae] —seso03a] 4742036] ay rteresVaiscount on advancesPils waazoa| 6729] ___6b5143] __28av008] 2685908] 3444854] by income on Investments Tavera) 2000s] a1 7676] —__ooessa] onset] 120365] J iisreat on Balances wih RBS other 5800} a7 Tea Tara ae 73089 Inter Bank Funds [sone Boro) 20057 33] 787 72206] ro [Otrer income ‘eraae) 238781 "Te7060) 725646] 24086] 687703] [TOTAL INCOME (172) “aaares)] —vaziezi| _t3e8T20) __aa6asez] avoa51e| 5490107] rtorest expences waasse] —Tes05i| _er0087] —zaoTesi] __a2a0sea8] ——S211287| [Operating Expenses (ah) ‘souees| —_—2esera| 25739 sass] Teaoaa| 907248] [ay Employees Cost ‘Biaaia] ——iear¥6] —TooTT] ___soauoa] ——saess] 62505] [oy Other operating expenses (AI ome 38785 ‘ass ‘wari7]| ___2ass77| 26306] 354850] Jexceosing 10% of he total Jexpenctue excising interest Jexpendture may be shown separatehy) TOTAL EXPENSES (o>) Tiaasoe] 080823] i007332] _sasoase] —sz0ees] 4208809] (excusing provisions & contingencies) [Operating Prom (AB) ‘Biesso] ——s57a0«] —zoi7aa] vere] —___wasaso] —taae3q| |Proft before Provisions & Contingencies) Provaions (ater han tan) and zaasee| 265576] 077653] az000] ——Tas000] 1795423] comingencies ft wren provisions Tor Now pororning Tee] ____aairve] —a76706] e022] Tosseo] ——Teae079] [assets [Exceptional tems 7 7 F 7 7 ql [Provision fortaves{ Tax Expense) Tree] Ea oo) “a7036} 7 a Net Praft_(eytosst)_from ordinary 2TH 54938] co osz0o] 439276] 307439 activities after tax (C-D-E-F) [Exraordinary Tams (nt of tax expanse) 7 7 7 7 7 7 [Net Profit (eLoset) forthe period (GA) ca as ‘ioi] —tosza0] 138276) 39739 "aid up equity Share Capital (Face value ©2) 72555] 42558] ‘wezTa| 42558] wazr2| wear b [Reserves exciaing revaluation reserves a] ‘STEER lperGalance Sheet of previous year)ayiical Ratios [iT Share hardin of Govt of aia Gey BE way cr SDT a eG [it Capita Adequacy Rao Basel IT =) Tre] ares} aI Tre] Ta} TB} [acer ato aay aaa aa] aa aa] Tail [ Aaaiional Ter 7 Rao or oa] Daa} or) OaG} oa] Earrings por Share (EPS) not annuaized in? Ta) Basie & cuted EPS before oa] a) 2a aa] Tae “a ‘ecraorainary items Ty Basie & diuted EPS ar oa] 2 O28] a] Tae “aaa extraordinary tems TW) WPA Ratios Tay Amount of ross non pertomming ‘azTei| —_s6aes63] __sa306za] __ssezTei] sasaza] __BsaT839] assets Ty Amount of net non-performing Er assets Te) of gross NPAs 7370} oc) oi 7370) aa] 720] HH at neINPAS 308] a0} Tae] Ta] saa] oar [oy Return on Assets (Annvalised) % oy] oa] Daa} oA O28} ay]‘SUMMARISED BALANCE SHEET Cin lacs) ‘As at Dec 2015 | As at Mar 2016 (Reviewed) (Audited) Particulars ‘As at Dec 2016 (Reviewed) [Capital and Liabilities, eserves and Sup ra8s07| ____4160ese] serra Deposits Bioieos] 54853750] 35305713 oan [_____ 4320543] saeoal 5075624] Tere091 Fae ref er ra Zrevesi| 2222022647807 Balances with bank and Money at call and 5213920] 473066) oo short toa Zee Tesroroo| aes Investments [Advances Fixed Assets [omer assets [Total Assets 7Tise7ssi[ 64855379] 66739045] NOTES 1. The financial results for the quarter ended 31st December, 2016, have been prepared following the same ‘accountng policies and practices as those followed in the anual financial statements for the year ended Sist March, 2016 except 2) The guidelines pertaining to "Sale of Financial assets to SCs/RCsIBanks etc. in terms of RBI circular with ref. no, DBR.NO BP.BC. 102/21,08/.048/2015-16 and 'b) Adaitonal provision of 2% on credit facilites to overseas step - down subsidiaries of Indian corporates in terms (of RBI circular with ref. no. DBR. IBD. BC.NO.68/23 37,001/2015-16. ©) Earlier the dividend was accounted on realization basis and now the same is accounted for as and when the ‘ight to receive the dividend is established However there is no impact ofthe above changes on the nancial statements forthe quarter/nine months ended 3tst December, 2016. 2 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in the meeting held on 07.02.2017. The same have been subjected to a limited review by the Statutory Central ‘Auditors ofthe Bank, inline withthe guidelines issued by the Reserve Bank of India and as per the requirement of Listing agreement with Stock Exchanges. 3. The provision for nompertorming assets, standard assets, standard derivative exposures and investment depreciation has been made on the basis of extant guidelines on prudential noms for income recognition, asset Classification and provisioning issued by the Reserve Bank of India 4 All usual and necessary provisions including provisions for employee benefis pertaining to pension, gratuity and leave encashment, depreciation on fixed assets and income tax have been made on estimated basis. 5 Interms 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 Pllar 3 disclosures under BASEL Il capital regulations. Accordingly, Pillar 3 disciosures under BASEL Ill capital regulations are being made available on Bank's website |e. ywwpnbingiain, These disclosures have not been subjected to Limited Review© In compliance of RBI letter no. DBR.NO.BP.13018/21,04.048/2015-16 dated 12.04.2016, Bank has made provision of€ 211.97 crore being 15 % ofthe existing outstanding of& 1413.16 crore as on 31.12.2016 under food Credit availed by State Government of Punjab, 7 The Provision Coverage Ratio 8s at 31st Dec 2016 works out to 54.96%, 8 Figures of the previous period have been regrouped / rearranged /re-lassiied wherever necessary to conform to current period's classification Gotan ba ——— (7 Balamukundan) (P K Sharma) ‘Asstt. General Manager General Manager e ane (Sen Saran) Exwctive Director Date 07/02/2017 Place: New Delhi ama OMNES TS‘SEGMENT REPORTING FOR THE QUARTERININE MONTHS ENDED 31st DECEMBER 2016 ein taes iar aa ina pi aca Tiaawmie | “Soanaote | susamoie_[seseate | stearate Reviewed —| — Reviewed | — Reviewed | — Reviewed | — Reviewed —[ Audited 7 eament Reve Trasnay Sees “a essai] sna] ——aearao| saa] asa [2 coporsmntsse Banting sasea Beez 508s] —— err ‘raresel aaa Rett Serer esa a8 ‘ronal ——tatareel ——tasaeal 6 se Baring Operate 25 sas asi] 22053 sz ara income tom Operations ares] avez] toe] Hasse] ——ws07 Teament Resats Treas Operaion a rr at sat seal ese [coorseWiclesse Sanna 003 ‘eusa| ———isezeol 4 aaais7] ens Ic Rett sein ‘aoae] sa 0] S201 ac Is) omer Bang Opens ea cu S554 “98 ‘34a “Za oat Barat Wiser] seas] ——"areesal tasers a less Cher atone Berar aT] essaa] ——— saoeze] sz si] —— tar [ot Pratt before Tar a0 Tra =a 3336 iiss] ara feast emotes fs resus Ons sora eal —— aera] ror sivial Tosa [e corsorttnteese Bing ioeaete] ——sesezssl arenes] taza Tsar] rsa fete be sss see rot ss za seen [ste arkrg Opto sso ‘sores ter essed errr iifse4 [shuns Tosses0] ———Toseseal ——sreroe] ——vass0 roel 800 ial ezioos| azar] aatonzal ——ezennee] azo] sano PART 8 - GEOGRAPHICAL SEGMENTS cos Panic in Maia Eada cas Faia | Tae sizes [sree Ea MELEE Reviewed Reviewed | — Reviewed | — Reviewed —[ — Audited —] 7 evens —iaboner “aoszeel ——Tsraveo| vassal sso] soos] so Sines = 551 “ t 7 ‘sia “otal saasres| ———avazr| sansa 301 ase nnn ‘sacoste| ——seotts| ——susraal —soasual ——saaeraal sano ‘att isrest| ——eoseetal ——saasasvol ——resereas] —eassssra] —esa004 Notes |: Segnaipaites ae dates nn ao ol Wo retzoctve Segment Ase 2 Pires of he prevousporad have bee rafouseue-Saneied wherever necesary. LEY 7‘CHHAJED & DOSHI R. DEVENDRA KUMAR & ASSOCIATES HEM SANDEEP & CO. CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTS SURI & CO. ‘SPMG & CO. CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTS “LIMITED REVIEW REPORT” To ‘The Board of Directors, Punjab National Bank New Dethi 1. We have reviewed the accompanying statements of unaudited financial results (‘Statements’) of Punjab National Bank (the “Bank’) for the quarter /nine months ended December 31, 2016. The disclosures relating to “Pillar 3 under Basel Ill Capital Regulations” as have been disclosed on the Banks website and in respect of which a link has been provided in the aforesaid Statements have not been reviewed by us. These statements are the responsibilty of the Bank's Management and have been approved by the Board of Directors. Our responsibilty is to issue a report on these interim financial statements based on our review. 2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered ‘Accountants of india. This standard requires that we plan and perform the review to obtain moderate assurance as to ‘whether the financial statements are free of material misstatement. A review is limited primarily to making inquiries of the Bank personnel and applying analytical and other review procedures to financial data and thus provides less assurance than an audit. A review is substantially less in scope than an audit conducted in accordance with the ‘Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. We have not performed an audit and accordingly, we do not express an audit opinion In the conduct of our review, we have reviewed the returns of 21 branches. We have relied on the review reports in respect of non-performing assets received from extemal concurrent auditors (Including retired employees of the Bank) ‘of 659 branches, in-house concurrent auditors of 731 branches and returns of 3 foreign branches reviewed by audit firm operating at that centre. These review reports cover 82.38% of the advances portfolio of the bank (excluding the advances of asset recovery branches and outstanding food credit) as at December 31, 2016. Apart from these review reports, in the conduct of our review, we have also relied up on various information and retums received from un- reviewed branches/other offices of the Bank and generated through centralized database at the Bank's Head Office.4. Based on our review as aforesaid, subject to limitation in scope as mentioned in Para 3 above, nothing has come to ‘our attention that causes us to believe that the accompanying statement of unaudited interim financial results together with the notes thereon, prepared in accordance with applicable accounting standards and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the ‘SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which itis to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. FOR CHHAJED & DOSH! FOR R, DEVENDRA KUMAR & ASSOCIATES CHARTERED ACCOUNTANTS: CHARTERED ACCOUNTANTS FIRM REGN.NO. 101734W FIRM REGN.NO. 114207 y | PARTNER (M.NO.114051) Bae sannese a cc. rs ron rwo..cal Bilin secouwadiog AR cuntercstcoolarams _cuarremen acheUmnonTs Be ecn.no.soeorn aameiie emmeniioweee am RU L Qhanot = coe canuae cn ran cutee PARTNER (M.NO.087977) PARTNER (M.NO.024775) PARTNER (M.NO.087562) _ Date: February 7, 2017