From Strength to Strength: Punjab & Sind Bank’s Loan Book Expands by 16.39% in FY25

Punjab & Sind Bank has reported a strong 16.39% year-on-year (Y/Y) growth in its provisional gross advances as of March 31, 2025. This is a notable milestone for the New Delhi-based public sector bank, a testament to its credit growth strength and strategic retail and corporate lending focus.

 

The performance of the bank is in line with its continuous endeavor to strengthen its financials through quality credit disbursement and better asset management. Punjab & Sind Bank has continuously made efforts to improve profitability and decrease non-performing assets (NPAs) over the last few years, further strengthening its operating metrics.

 

This increase in advances reflects the bank's capacity to address increasing credit demand in different sectors, even in the face of economic uncertainties. Punjab & Sind Bank's strategy of increasing its loan book without compromising asset quality has been a major contributor to this achievement.

 

The announcement will likely support investor sentiment in the bank, which has been improving its financial performance and market position gradually. The full financial results for FY 2024-25 are also likely to shed more light on the bank's overall performance. 

 

Sources: TradingView, MarketScreener