Punjab & Sind Bank Q2 Update: Total business rises 12% to ₹2.41 lakh crore

State-owned Punjab & Sind Bank Ltd on Saturday (October 3) reported a 12.27% year-on-year (YoY) rise in total business to ₹2,41,450 crore as of September 30, 2025, compared to ₹2,15,057 crore a year earlier. On a sequential basis, total business grew 4.46% from ₹2,31,132 crore as of June 30, 2025.

Total deposits increased 9.42% YoY to ₹1,35,708 crore, up 3.45% quarter-on-quarter (QoQ) from ₹1,31,182 crore in the previous quarter. CASA deposits stood at ₹41,130 crore, showing an 8.97% YoY rise and a 2.48% QoQ increase. The CASA ratio stood at 30.31%, compared with 30.59% in the preceding quarter and 30.43% a year ago.

Also Read: Punjab & Sind Bank Q1 | Net profit rises 48% YoY to ₹269 crore, asset quality improves

Gross advances grew 16.16% YoY to ₹1,05,742 crore, up 5.79% QoQ from ₹99,950 crore in the June quarter. The bank’s credit-deposit (CD) ratio improved to 77.92%, compared with 76.19% in the previous quarter and 73.40% a year earlier.

First Quarter Results

Punjab & Sind Bank's net profit rose 48.3% year-on-year to ₹269.2 crore, up from ₹182 crore in the same period last year. Net interest income (NII) for the quarter grew 5.9% to ₹900.4 crore, compared to ₹850 crore in Q1FY25.

The bank also saw a marginal improvement in asset quality. Gross non-performing assets (GNPA) declined slightly to 3.34% from 3.38% in the previous quarter, while net NPA improved to 0.91% from 0.96% sequentially.

Shares of Punjab & Sind Bank Ltd ended at ₹29.98, up by ₹0.050, or 0.17%, on the BSE.