Punjab National Bank Q2 FY24 Business Update: Reports 12.09% YoY growth in global business, deposits rise 11.41%

Punjab National Bank (PNB) has reported its provisional business figures for the second quarter of FY25. The global business has seen a growth of 3.56% year-on-year (YoY), reaching ₹25,23,797 crore as of September 30, 2024. The domestic business grew by 3.20% to ₹24,29,602 crore during the same period.

Deposits saw a positive growth trend, with global deposits increasing by 3.63% YoY to ₹14,59,386 crore and domestic deposits up by 3.47% to ₹14,17,433 crore. Similarly, advances have grown as well; global advances increased by 3.47% YoY to ₹10,64,411 crore, while domestic advances rose by 2.82% to ₹10,12,169 crore. The Credit to Deposit (CD) ratio remains stable at 72.94%​

Advertisement

Below is a table based on the provisional business figures of Punjab National Bank (PNB) for Q2 FY25 as provided in the document:

Particulars Q2 FY25 (in ₹ Crore) YoY Growth (%)
Global Business 25,23,797 3.56
Domestic Business 24,29,602 3.20
Global Deposits 14,59,386 3.63
Domestic Deposits 14,17,433 3.47
Global Advances 10,64,411 3.47
Domestic Advances 10,12,169 2.82
CD Ratio 72.94% Stable