Punjab National Bank — Important, 02-01-2025: General Updates

Provisional business figures as of December 31, 2024, reveal notable growth across key metrics. Global business reached ₹26,42,341 Cr, showing a quarter-on-quarter increase of 4.8% and a year-on-year growth of 15.3%. Domestic business also performed well, totaling ₹25,37,334 Cr, with a 4.5% increase sequentially and 14.3% compared to the previous year.

In terms of deposits, global deposits stood at ₹11,11,940 Cr, marking a quarterly growth of 4.7% and a substantial year-on-year increase of 15.0%. Domestic deposits also illustrated a positive trend at ₹14,75,482 Cr, with 4.2% and 14.4% growth rates, respectively.

For advances, global advances amounted to ₹10,61,852 Cr, reflecting a quarterly growth of 5.0% and a robust year-on-year growth of 14.1%. The domestic advances were similarly strong at ₹10,61,852 Cr.

Overall, these figures indicate a strong performance, suggesting a positive outlook for the bank's operations and potential growth in the coming quarters.