Punjab National Bank — Investor Meet, 13-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Punjab National Bank reported robust FY'25 with global gross business at Rs. 26.83 trillion (+14%), deposits at Rs. 15.66 trillion (+14.4%), and advances at Rs. 11.17 trillion (+13.6%). NII rose 6.7% to Rs. 42,782 crore; domestic NIM was 3.08%. Operating profit grew 7.6% to Rs. 26,831 crore; net profit doubled to Rs. 16,630 crore. Asset quality improved sharply; gross NPA at 3.95%, PCR near 97%. Management expects 11-12% credit and 9-10% deposit growth in FY'26, with margins stabilizing around 2.8-2.9% in 1H and improving later. Key focus areas include digital growth, customer centricity, ESG, and cost efficiency.