Punjab & Sind Bank Reports Robust FY26 Growth: Gross Advances Surge 18.4%

Punjab & Sind Bank has released its provisional operational update for the financial year ending March 31, 2026. The bank demonstrated strong double-digit growth in its overall business, particularly driven by a sharp increase in its lending activities.

The bank's Total Business reached ₹2,63,750 Crore, marking a healthy 14.98% Year-on-Year (YoY) growth compared to the ₹2,29,379 Crore recorded in the previous financial year. This expansion reflects the bank's successful efforts in scaling its operations across both deposit and credit segments.

Key Financial Highlights

Credit Momentum: Gross Advances saw the highest growth among key parameters, surging by 18.39% YoY to reach ₹1,17,920 Crore.

Deposit Growth: Total Deposits grew by 12.37% YoY, ending the year at ₹1,45,830 Crore. Within this, CASA (Current Account Savings Account) Deposits increased by 10.01% to reach ₹44,873 Crore.

CASA Ratio: The CASA percentage stood at 30.77%. While the volume of low-cost deposits grew, the ratio saw a slight shift compared to the 31.43% recorded in March 2025.

Credit-to-Deposit (CD) Ratio: Reflecting the bank's aggressive lending stance, the CD ratio improved significantly to 80.86%, up from 76.75% in the previous year.

Note: These figures are provisional and are subject to a full audit by the Central Statutory Auditors of the Bank.

Shares of Punjab & Sind Bank was last trading in BSE at Rs. 22.31 as compared to the previous close of Rs. 22.03. The total number of shares traded during the day was 207156 in over 743 trades.

The stock hit an intraday high of Rs. 22.43 and intraday low of 21.20. The net turnover during the day was Rs. 4540087.00.

Source : Equity Bulls

Keywords

PunjabandSindBank INE608A01012 OperationalUpdate FY26