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Deposit Drive & Lending Lift: Punjab & Sind Bank Clocks Double-Digit Growth in Q1 FY26

Updated: July 03, 2025 17:14

Image Source: BW Businessworld
Punjab & Sind Bank has reported strong provisional figures for the quarter ended June 30, 2025, showcasing a healthy uptick in both deposits and advances, signaling sustained momentum in its retail and MSME push.
 
Key Highlights:
  • Total Deposits rose 8.78% YoY to ₹1.30 lakh crore, driven by a 10.26% jump in term deposits and a 5.33% rise in savings accounts.
  • Gross Advances surged 13.91% YoY to ₹99,605 crore, with retail loans up 37.65%, MSME lending up 21.98%, and agriculture loans up 7.44%.
  • Retail Lending stood at ₹22,070 crore, reflecting the bank’s aggressive stance on consumer credit and housing finance.
  • CASA Ratio remained stable at 31.43%, with current deposits up 5.72% YoY.
  • Credit-Deposit (CD) Ratio improved to 76.75%, up 476 bps YoY, indicating better asset utilization.
  • Asset Quality continued to improve: Gross NPA fell to ₹3,370 crore (3.38%), and Net NPA dropped to ₹937 crore (0.96%).
  • Net Profit for Q1 FY26 is expected to build on FY25’s 70.76% YoY growth, which saw earnings hit ₹1,016 crore.
The bank’s diversified loan book and steady deposit inflows reflect its growing footprint in priority sectors and its ability to navigate interest rate shifts while maintaining profitability.
 
Source: Punjab & Sind Bank Investor Presentation, Trendlyne, Moneycontrol

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