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Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections.
PSB delivered a strong Q1FY27 performance. Total business grew 15.27% YoY to ₹2.66 lakh Cr, fueled by 19.35% growth in advances (₹1.19 lakh Cr) and 12.16% in deposits (₹1.47 lakh Cr). Net profit for the quarter rose 23% YoY to ₹331 Cr. Asset quality significantly improved, with Gross NPAs falling...
**Business Performance:** PSB Bank reported robust Q1 results. Total business grew 15.27% YoY to ₹266,420 crore. Gross advances surged 19.35% YoY to ₹119,290 crore, led by Retail (+36.44%), MSME (+32.71%), and Agri (+25.85%). Deposits rose 12.16% YoY to ₹147,130 crore. Net profit jumped 23.05% YoY to ₹331 crore. Asset quality...
Here's a concise summary of the investor presentation: **1. Business Performance & Key Financial Metrics:** The bank reported strong FY26 results: Net Profit surged 30.12% YoY to ₹1,322 Cr, with Q4 Net Profit up 34.82% YoY to ₹422 Cr. Total Business grew 14.94% YoY to ₹2,63,652 Cr, driven by Gross...
The bank delivered strong Q3 FY26 results, with Net Profit soaring 19.15% YoY to ₹336 Cr and Operating Profit up 22.73% YoY to ₹594 Cr. Total Business grew 11.75% YoY to ₹249499 Cr, fueled by Gross Advances up 15.05% YoY to ₹110297 Cr. Asset quality saw significant improvement, with Gross...
PSB Bank delivered strong Q3 financial results. Total business grew 11.75% YoY to ₹249499 Cr, with gross advances up 15.05% and deposits up 9.27%. Net Profit for Q3 jumped 19.15% to ₹336 Cr, and operating profit rose 22.73%. Asset quality significantly improved: Gross NPA fell to 2.60% (from 3.83% YoY),...