Punjab National's total business reaches Rs 6.21 lakh crore

Punjab National Bank revealed that its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12.

This represents a year-on-year growth of 22 percent.

The bank's deposits at the end of December 2011, amounted to Rs.3.58 lakh crore compared to Rs. 2.89 lakh crore in December 2010, posting a growth of 24 percent, bank chairman and managing director K.R. Kamath said.