Punjab & Sind Bank Q4 update: Loan growth outpaces deposits; CASA ratio dips

Punjab & Sind Bank reported provisional business figures for the March quarter, showing growth across key parameters on a year-on-year basis.

CASA (current and savings account) deposits rose 10.01% to ₹44,873 crore, compared with ₹40,790 crore in the same period last year. However, the CASA ratio stood at 30.77%, slightly lower than 31.43% a year earlier, according to an exchange filing.

Total deposits increased 12.37% year-on-year to ₹1.46 lakh crore from ₹1.30 lakh crore. Gross advances grew at a faster

pace, rising 18.39% to ₹1.18 lakh crore compared with ₹99,605 crore in the corresponding period last year.

Overall business, comprising deposits and advances, rose 14.98% year-on-year to ₹2.64 lakh crore, up from ₹2.29 lakh crore, reflecting steady expansion in both lending and deposit mobilisation.

Separately, the bank informed exchanges of senior management changes, with Rajendra Kumar Raigar appointed as Chief General Manager and Rajiv Kumar Bansal as General Manager, both effective April 1, 2026.

Shares of the bank ended at ₹22.35 on the NSE, up 1.45% for the day.