Punjab & Sind Bank
Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections.
What Punjab files
- Others59
- Important27
- Investor Meet22
- Updates14
- PPTs12
- Credit Ratings11
Punjab & Sind Bank has informed the Exchange about Strike
Punjab & Sind Bank posted strong Q1 results: Net Profit climbed 23.05% to ₹331 Cr, with Net Interest Income up 15.33% to ₹1038 Cr. Total business grew 15.27% to ₹266420 Cr, backed by 19.35% advances growth. Asset quality significantly improved, with GNPA at 2.21% and NNPA at 0.65%.
PSB Bank received a strike notice from All India PSB Officers Union. While the bank is preparing for smooth operations, branches and offices may face disruptions if the strike materializes, potentially impacting business.
Punjab & Sind Bank announced strong Q4 & FY results. Net Profit grew 30.12% YoY to ₹1322 Cr, Operating Profit rose 5.16% to ₹2182 Cr. Asset quality improved, with Gross NPA down 98 bps to 2.40% and Net NPA at 0.79%. Total business increased 14.94% to ₹263652 Cr.
Punjab & Sind Bank (PSB) secured RBI approval to establish an IFSC Banking Unit (IBU) in GIFT City, Gujarat. This expands its international financial services capabilities.