Punjab & Sind Bk gross advances up 15.3% YoY as of Dec 31; deposits up 9.3%
This story was originally published at 21:16 IST on 1 January 2026
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--Punjab and Sind Bk: Gross advances INR 1.10 tln as on Dec 31, up 15.3% YoY
--Punjab & Sind Bank: Total deposits INR 1.39 tln as on Dec 31, up 9.3% YoY
--Punjab & Sind Bank: Total business INR 2.50 tln as on Dec 31, up 11.8% YoY
--Punjab & Sind Bank: CASA ratio 31.02% as on Dec 31 vs 30.31% qtr ago
MUMBAI – Punjab & Sind Bank's gross advances grew 15.3% on year to INR 1.10 trillion as of Dec. 31, according to the provisional figures released by the bank Thursday. Its total deposits were up 9.3% on year at INR 1.39 trillion as of Dec. 31, with current account savings account deposits rising 8.77% on year to INR 431.82 billion. The bank's current account savings account ratio fell to 31.02% from 31.16% in the year-ago period.
The bank's total business rose 11.84% on year to INR 2.50 trillion as of Dec. 31, as per the release. For the September quarter, the bank's net profit rose robustly to INR 2.95 billion with a steady rise in income. On Thursday, shares of Punjab & Sind Bank ended 1.01% higher at INR 27.97 on the National Stock Exchange. End
Reported by Cassandra Carvalho
Edited by Akul Nishant Akhoury
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