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New Delhi, Oct 21 (PTI) State-owned Punjab National Bank (PNB) expects about Rs 1,500 crore in treasury income during the third quarter and an improvement in margins.

During the first two quarters, the bank has booked treasury income of Rs 1,800 crore and expects Rs 1,500 crore during the ongoing quarter, PNB MD and CEO Ashok Chandra said on the second-quarter financial numbers.

On the margin, he said, repricing of deposits has already started, and NIM would see improvement in the second half.

On a conservative basis, he said, the bank will see a 5 basis points improvement in NIM in the third quarter and a 10 basis points increase in the fourth quarter.

The bank has given the guidance of Net Interest Margin (NIM) of 2.8-2.9 per cent in FY26.

For the second qua

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