Punjab & Sind Bank — Important, 02-04-2025: Updates

Total business for the bank has reached ₹2,29,831 Cr for the period ending March 31, 2025, reflecting an 11.91% year-on-year growth from ₹2,05,374 Cr. Total deposits have also increased, amounting to ₹1,29,780 Cr, up by 8.68% compared to ₹1,19,410 Cr last year. CASA deposits saw a modest rise to ₹40,796 Cr, indicating a growth of 5.39%, although CASA percentage declined slightly to 31.43%. Furthermore, gross advances improved significantly, rising to ₹1,00,051 Cr, marking a robust growth of 16.39% from the previous year. The CD ratio stands at 77.09%, showcasing an improvement compared to the previous year’s ratio of 71.99%. The provisional figures are pending audit verification, but this positive trajectory could enhance investor confidence and suggests a promising outlook for the bank's performance.