Punjab & Sind Bank has announced a provisional year-on-year growth of 14.98% in its total business for the financial year ending 31 March 2026. The bank’s total business reached ₹2,63,750 crore, compared to ₹2,29,379 crore in the previous year.
The bank also reported an increase in total deposits, which rose by 12.37% to ₹1,45,830 crore from ₹1,29,774 crore in the previous year. Current Account Savings Account (CASA) deposits saw a growth of 10.01%, amounting to ₹44,873 crore, up from ₹40,790 crore. However, the CASA percentage slightly decreased to 30.77% from 31.43% in the previous year.
Gross advances of the bank experienced a significant rise of 18.39%, reaching ₹1,17,920 crore compared to ₹99,605 crore in the previous year. The Credit-Deposit (CD) ratio also improved, standing at 80.86% as opposed to 76.75% in the previous year.
These provisional figures are subject to audit by the Central Statutory Auditors of the bank.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Arunika Jain and reviewed by Aditya Bhagchandani before publication.