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Punjab & Sind Bank (NSE:PSB) Interest Expense : ₹-68,529 Mil (TTM As of Mar. 2024)


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What is Punjab & Sind Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Punjab & Sind Bank's interest expense for the three months ended in Mar. 2024 was ₹ -17,920 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-68,529 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Punjab & Sind Bank's Operating Income for the three months ended in Mar. 2024 was ₹ Mil. Punjab & Sind Bank's Interest Expense for the three months ended in Mar. 2024 was ₹ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Punjab & Sind Bank Interest Expense Historical Data

The historical data trend for Punjab & Sind Bank's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Punjab & Sind Bank Interest Expense Chart

Punjab & Sind Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58,719.81 -47,119.99 -44,444.95 -50,193.50 -68,529.40

Punjab & Sind Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14,211.60 -15,782.30 -17,310.10 -17,517.50 -17,919.50

Punjab & Sind Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-68,529 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Punjab & Sind Bank (NSE:PSB) Business Description

Traded in Other Exchanges
Address
21, Rajendra Place, Bank House, 1st Floor, New Delhi, IND, 110008
Punjab & Sind Bank is an Indian banking firm, which provides international and domestic banking products and services. Its business segments include Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The bank's main source of revenue comes from the interest derived from its corporate banking operations. Its services consist of current account savings account, mobile banking, corporate internet banking, retail loans, and others.