Punjab & Sind Bank Delivers Stellar Q1 FY26 Results with Record Profit Growth
Jul 19th, 2025 10:38 pm | By ThenewsmanofIndia.com | Category: SPECIAL NEWS COVERAGE
Swarup Kumar Saha
MD & CEO
Punjab and Sind Bank
(THE NEWSMAN OF INDIA.COM)
In a remarkable display of financial strength and operational excellence, Punjab & Sind Bank has reported outstanding results for the quarter ended 30th June 2025, reinforcing its growing stature in the Indian banking sector. The bank’s net profit surged by a solid 47.80% year-on-year, rising from ₹1,536 crore to ₹2,269 crore—a testament to its focused strategy and resilient performance.
Operational profit witnessed an extraordinary leap of 70.35%, soaring to ₹8,540 crore from ₹5,014 crore. The bank’s total business grew by 10.94%, touching an impressive ₹2,31,132 crore. Deposits registered a healthy growth of 8.78%, while retail term deposits rose by 11.43%. Punjab & Sind Bank’s advance portfolio also showed strong momentum, growing 13.92% to ₹99,950 crore. In particular, Retail, Agriculture and MSME (RAM) advances posted a remarkable growth of 17.18%, underscoring the bank’s commitment to inclusive credit expansion.
Retail advances soared by 29%, while MSME credit increased by 14.53%. The bank also recorded significant growth in vehicle loans (40.60%), gold loans (39.56%), and home loans (23.95%), reflecting its enhanced focus on retail banking.
On asset quality, the bank made substantial improvements—Gross NPA came down sharply by 138 basis points to 3.34%, and Net NPA reduced to a commendable 0.91%, marking a 68 bps decline. The Provision Coverage Ratio rose to a robust 91.77%, up 369 bps, demonstrating prudent risk management.
Punjab & Sind Bank also reported a substantial 141.75% increase in non-interest income, reaching ₹469 crore, while total income grew by 18.73% to ₹3,379 crore. Return on Assets improved from 0.50% to 0.67%, while the Capital to Risk-Weighted Assets Ratio (CRAR) rose to a healthy 17.90%.
The bank’s cost-to-income ratio improved significantly, falling from 69.67% to 60.55%, highlighting operational efficiency.
Adding to the accolades, Punjab & Sind Bank was recognized as a Top Improver in the EASE 7.0 Reforms Index, reflecting its proactive approach in driving banking excellence and customer-centric reforms.
With this stellar performance in Q1 FY26, Punjab & Sind Bank is not only setting higher benchmarks in profitability and governance but is also reaffirming its commitment to “service as a way of life.” The results mark a confident stride toward sustained growth, digital transformation, and inclusive banking.
