Punjab & Sind Bank — Board Meeting, 19-07-2025: Outcome of Board Meeting

Punjab & Sind Bank has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The bank delivered a net profit of Rs. 711.29 crore, showing positive momentum. Asset quality saw good improvement, with Gross NPAs dropping to 3.34% and Net NPAs at 0.91%. This strong performance is backed by a robust Provision Coverage Ratio of 91.77%. The bank also maintained a solid Capital Adequacy Ratio (CET1) of 15.98%. Notably, PSB purchased Rs. 2,712 crore in Priority Sector Lending Certificates, signaling active portfolio management.