Document Overview

Punjab National Bank submitted an investor presentation for a non-deal roadshow dated August 2026 to the National Stock Exchange of India Limited and BSE Limited. The submission was made in compliance with SEBI LODR Regulations 2015 on August 19, 2026.

Management Team

Key Management (Whole Time Directors):

  • Shri Ashok Chandra assumed charge as MD & CEO of Punjab National Bank w.e.f. January 16, 2025, with over 33 years of banking experience
  • Shri M. Paramasivam assumed charge as Executive Director on December 1, 2022, with 35+ years of banking experience
  • Shri D Surendran assumed charge as Executive Director on November 24, 2025, with over three decades of diverse banking experience
  • Shri Amit Kumar Srivastava assumed charge as Executive Director, previously serving as PNB's Group Chief Risk Officer

Board of Directors

  • Shri D. Anandan (IAS Officer): Government of India Nominee Director appointed w.e.f. July 24, 2025
  • Shri Ambarish Ojha: Shareholder Director elected w.e.f. September 12, 2024
  • Smt. Vandana Bhagavatula: Shareholder Director elected w.e.f. August 29, 2025
  • Smt. Uma Sankar: RBI Nominee Director appointed w.e.f. July 14, 2023

Business Performance Metrics

Global Business Growth (₹ in billions):

| Period | Global Business | Overseas Business | Domestic Business | Growth % |

| Mar'22 | 204.02 | 4.97 | 199.05 | |

| Mar'23 | 228.80 | 6.80 | 222.00 | 11.4% |

| Mar'24 | 248.57 | 8.16 | 240.41 | 28.3% |

| Mar'25 | 283.46 | 11.19 | 272.27 | 10.8% |

| Mar'26 | 313.71 | 13.49 | 300.23 | |

| Jun'26 | 316.70 | 13.09 | 303.61 | |

Deposits (₹ in billions):

| Period | Global Deposits | Overseas Deposits | Domestic Deposits | Growth % |

| Mar'22 | 121.09 | 2.24 | 118.85 | |

| Mar'23 | 135.34 | 3.11 | 132.23 | 10.5% |

| Mar'24 | 144.69 | 3.84 | 140.85 | 30.9% |

| Mar'25 | 165.50 | 5.84 | 159.66 | 10.0% |

| Mar'26 | 180.76 | 6.56 | 174.20 | |

| Jun'26 | 182.21 | 5.77 | 176.44 | |

Advances (₹ in billions):

| Period | Global Advances | Overseas Advances | Domestic Advances | Growth % |

| Mar'22 | 82.94 | 2.74 | 80.20 | |

| Mar'23 | 93.46 | 3.69 | 89.77 | 12.5% |

| Mar'24 | 103.89 | 4.32 | 99.55 | 26.2% |

| Mar'25 | 117.96 | 5.34 | 112.62 | 12.0% |

| Mar'26 | 132.95 | 6.93 | 126.02 | |

| Jun'26 | 134.49 | 7.32 | 127.17 | |

Credit-Deposit Ratio:

  • Mar'22: 68.5%
  • Mar'23: 69.1%
  • Mar'24: 71.8%
  • Mar'25: 71.3%
  • Mar'26: 73.6%
  • Jun'26: 73.8%

Domestic Credit Mix (June 2026)

  • Retail: ₹30.20 billion (23.7%)
  • Agriculture: ₹21.08 billion (16.6%)
  • MSME: ₹21.45 billion (16.9%)
  • Corporate & Others: ₹54.44 billion (42.8%)

RAM (Retail, Agriculture, MSME) Portfolio:

| Period | RAM Amount (₹ billion) | RAM Share % |

| Mar'22 | 41.08 | 51.2% |

| Mar'23 | 49.65 | 55.3% |

| Mar'24 | 54.94 | 55.2% |

| Mar'25 | 63.67 | 56.5% |

| Mar'26 | 71.38 | 56.6% |

| Jun'26 | 72.73 | 57.2% |

Industry Exposure (Domestic Advances)

| Industry | June'25 (₹ million) | Mar'26 (₹ million) | June'26 (₹ million) | % of Domestic Advances |

| Infrastructure | 10,789 | 11,776 | 11,345 | 8.9% |

| Basic Metal & Metal Products | 2,448 | 2,159 | 2,263 | 1.8% |

| Food Processing | 2,293 | 2,378 | 2,349 | 1.8% |

| Textiles | 1,260 | 1,343 | 1,398 | 1.1% |

| Total Industry Exposure | 25,138 | 28,045 | 28,013 | 22.0% |

Risk Weighted Assets (₹ in billions)

| Period | Total RWA | Credit RWA | Market RWA | Operational RWA |

| Mar'22 | 63.47 | 51.65 | 4.46 | 7.36 |

| Mar'23 | 69.61 | 58.27 | 3.93 | 7.42 |

| Mar'24 | 77.69 | 64.83 | 5.35 | 7.51 |

| Mar'25 | 87.43 | 78.45 | 0.92 | 8.07 |

| Mar'26 | 95.24 | 85.19 | 0.86 | 9.19 |

| Jun'26 | 96.95 | 85.93 | 0.98 | 10.05 |

Financial Performance

Income Statement (₹ in millions):

| Parameters | FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | Q1 FY'27 |

| Interest Income | 7,910 | 8,994 | 11,293 | 12,863 | 13,545 | 3,475 |

| Other Income | 1,301 | 1,283 | 1,414 | 1,723 | 1,985 | 458 |

| Total Income | 9,212 | 10,277 | 12,707 | 14,585 | 15,531 | 3,933 |

| Total Interest Paid | 4,879 | 5,351 | 7,059 | 8,343 | 9,113 | 2,335 |

| Operating Expenses | 2,139 | 2,546 | 3,014 | 3,408 | 3,324 | 804 |

| Net Interest Income | 3,031 | 3,644 | 4,234 | 4,519 | 4,433 | 1,141 |

| Operating Profit | 2,193 | 2,380 | 2,634 | 2,834 | 3,094 | 794 |

| Provisions other than Tax | 1,737 | 1,927 | 1,240 | 176.9 | 268.3 | 57 |

| Profit Before Tax | 456 | 453 | 1,394 | 2,657 | 2,826 | 737 |

| Provision for Income Tax | 91 | 188 | 523 | 901 | 1,040 | 182 |

| Net Profit | 365 | 265 | 871 | 1,757 | 1,786 | 555 |

Key Ratios:

| Ratios | FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | Q1 FY'27 |

| Return on Assets [%] | 0.26% | 0.18% | 0.54% | 0.97% | 0.89% | 1.04% |

| Return on Equity [%] | 5.96% | 3.94% | 11.66% | 19.33% | 15.67% | 17.33% |

| Cost to Income Ratio [%] | 49.38% | 51.69% | 53.37% | 54.59% | 51.79% | 50.31% |

| NIM [%] (Global) | 2.71% | 3.06% | 3.09% | 2.93% | 2.57% | 2.50% |

| Book Value per Share [₹] | 0.84 | 0.87 | 0.94 | 1.09 | 1.21 | 1.27 |

| Earnings per share [₹] | 0.03 | 0.02 | 0.08 | 0.16 | 0.16 | 0.05 |

ESG and Sustainable Initiatives

  • PNB Harit Niwas scheme introduced with preferential interest rates and full processing fee waivers for sustainable housing
  • Green deposits of ₹610 crore raised and deployed in FY2025-26, avoiding 160,359 mt equivalent of CO2 emissions
  • Bank secured joint second position in Indian banking climate preparedness rankings
  • 25.44% women in workforce with 2,837 PwD/Divyangjan employees
  • SHG Credit Linkage: ₹1,519 million outstanding across 450,834 Self-Help Groups as of June 30, 2026
  • Target to achieve Net Zero (Scope 1, 2, 3 emissions) by 2060
  • Solar Power Plant capacity of 3,735 KWp installed in Bank's owned buildings
  • PNB Zaggle co-branded biodegradable credit card launched

Digital Initiatives

  • 'Project Sentinel' launched for tracing mule networks and preventing financial fraud
  • Analytics platform upgraded for faster enterprise model deployment
  • Propensity models integrated for customer behavior anticipation
  • Real-time dashboards launched on Business 360+ Portal
  • PNB Quantum Innovation Hub established for quantum computing and analytics initiatives
  • Verified Mark Certificate (VMC) implemented for brand protection

FY2027 Guidance Targets

| Parameters | Guidance for FY'27 | June'26 (Actuals) |

| Credit Growth % (YoY) | 12%-13% | 12.7% |

| Deposit Growth % (YoY) | 9%-10% | 8.5% |

| CASA Share % | 38% | 36.7% |

| Operating Profit Growth % (YoY) | 9%-10% | 6.2% |

| Net Interest Income Growth % (YoY) | 7% | 2.1% |

| NIM % | 2.60%-2.70% | 2.50% |

| Gross NPA % | < 2.50% | 2.78% |

| Net NPA % | < 0.3% | 0.28% |

| PCR % (incl. TWO) | More than 96% | 97.23% |

| Credit Cost % | Below 0.4% | 0.25% |

| Total Recovery (Amount) | > ₹1,373 million | ₹295 million |

| RoA % | Above 1% | 1.04% |

| Slippage Ratio % (Annualized) | Below 0.9% | 0.68% |

Disclaimer

The document contains forward-looking statements that involve risks and uncertainties, and Punjab National Bank undertakes no obligation to update these statements after the present date.