Punjab & Sind Bank

Punjab & Sind Bank (PSB) reported strong business growth in Q2 and H1 2026, with total business, deposits, and advances growing by 15.73%, 12.97%, and 19.28% YoY, respectively. Operating profit and net profit increased by 22.38% and 39.66% YoY, driven by consistent operational income and core fee income growth. Asset quality showed significant improvement, with gross NPA declining to 2.09% and net NPA to 0.61% as of September 2026. The bank's capital adequacy ratio stood at 16.55%, and it maintained a strong liability franchise with CASA deposits growing by 7.48% YoY. The presentation highlighted well-rounded growth across retail, agriculture, and MSME segments, with RAM contributing 61.37% of total advances. Digital initiatives, including PSB UniC and UPI transactions, saw notable growth, and the bank emphasized ESG initiatives and financial inclusion programs. Guidance for FY27 includes deposit growth of 13-14%, advances growth of 16-18%, and maintaining NPA ratios below 2.0% and 0.65%, respectively.

The document emphasizes strong growth in business metrics, improved asset quality, and positive guidance for future performance.