By THE NEWSMAN OF INDIA.COM| Punjab & Sind Bank, one of India’s leading public sector banks, has delivered an impressive performance in the second quarter of FY26, reflecting strong fundamentals and consistent growth across key financial indicators.

The bank’s loan portfolio grew by 16.1% to reach ₹1.05 lakh crore, driven by healthy demand and prudent credit expansion. Gross advances stood at ₹91,032 crore as of September 30, 2024, showcasing the bank’s continued focus on lending diversification and asset quality.

On the deposits front, Punjab & Sind Bank achieved a 9.42% rise, with total deposits climbing to ₹1.35 lakh crore, compared to ₹1.24 lakh crore during the same quarter last fiscal. The bank’s total business increased by 12.2%, touching ₹2.41 lakh crore, up from ₹2.15 lakh crore a year ago, underscoring balanced growth in both credit and deposits.

The bank maintained a Current Account and Savings Account (CASA) ratio of 30.3%, a reflection of its stable retail deposit base. Furthermore, the credit-deposit ratio improved to 77.92% from 73.4% a year earlier, indicating efficient fund utilization and sound financial management.

Punjab & Sind Bank’s steady growth trajectory highlights its operational discipline, digital transformation efforts, and strong customer trust. The results reaffirm its resilience and competitiveness in the evolving banking landscape.

This commendable performance comes under the visionary leadership of Managing Director and Chief Executive Officer Swarup Kumar Saha, whose strategic direction and emphasis on efficiency, innovation, and customer-centric growth have significantly strengthened the bank’s position. His guidance continues to inspire the institution’s progress toward sustainable and inclusive banking excellence.