Punjab National Bank — Investor Meet, 27-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Punjab National Bank reported Q2 FY26 net profit up 14% YoY to ₹4,904 Cr, with operating profit at ₹7,227 Cr. Global advances grew 10.1% to ₹11.7 lakh Cr. Asset quality improved significantly: Gross NPA reduced to 3.45% and Net NPA to 0.36%. Management anticipates NIMs to improve by 5bps in Q3 and 10+bps in Q4 due to deposit repricing. The bank is confident in achieving 11-12% credit growth, supported by ₹1.78 lakh Cr in sanctioned, undisbursed credit lines. Digital initiatives are expanding, and a ₹950 Cr gain from Canara HSBC Life dilution is expected in Q3. Management maintains a confident outlook on sustained profitability and asset quality.