Punjab & Sind Bank submitted an investor presentation detailing its reviewed unaudited financial results for Q2 and half year ended September 30, 2026 to BSE Limited and National Stock Exchange of India Ltd.

Business Performance Highlights

Total Business reached ₹279,231 crore, showing 15.73% year-on-year (YoY) growth.

Total Deposits stood at ₹153,312 crore, up 12.97% YoY.

Gross Advances reached ₹125,919 crore, up 19.28% YoY.

CASA Deposits were ₹44,207 crore, up 7.48% YoY, though CASA ratio declined to 28.83% from 30.31% a year ago.

Retail Term Deposits were ₹67,354 crore, up 9.64% YoY.

Credit-Deposit Ratio (CD Ratio) improved to 82.13% in September 2026 from 77.79% in September 2025.

Segmental Lending Portfolio

RAM Segments (Retail, Agri, MSME) showed strong growth, contributing 61.37% of total advances:

  • Retail Advances: ₹33,478 crore (26.59% of advances), up 42.71% YoY
  • Home Loans: ₹13,584 crore (40.58% of retail)
  • Vehicle Loans: ₹4,356 crore (13.01%)
  • Gold Loans: ₹9,804 crore (29.28%), with ₹7,087 crore under Daily Auction (DA) mechanism
  • Agriculture Advances: ₹17,215 crore (13.67% of advances), up 16.01% YoY
  • Farm Credit: ₹8,475 crore (49.23% of agri)
  • Food & Agro Processing: ₹3,639 crore (21.14%)
  • MSME Advances: ₹26,583 crore (21.11% of advances), up 28.69% YoY
  • MSE Loan: ₹4,347 crore (16.35% of MSME)
  • GST EASE: ₹3,003 crore (11.30%)
  • MSME Premier: ₹2,841 crore (10.69%)

Corporate Advances stood at ₹48,643 crore, up 4.35% YoY.

Financial Performance (Q2 FY2027 vs Q2 FY2026)

Interest Income: ₹3,395 crore, up 13.20% YoY

Interest Expenses: ₹2,233 crore, up 8.98% YoY

Net Interest Income (NII): ₹1,162 crore, up 22.32% YoY

Non-Interest Income: ₹352 crore, down 5.88% YoY

  • Core Fee Income: ₹246 crore, up 23.62% YoY
  • Profit on Sale of Investment: ₹44 crore, down 43.59% YoY
  • Recovery in written off accounts: ₹89 crore, down 19.09% YoY

Operating Expenses: ₹896 crore, up 9.40% YoY

  • Establishment Expenses: ₹499 crore, up 2.04% YoY
  • Other Operating Expenses: ₹397 crore, up 20.30% YoY

Operating Profit: ₹618 crore, up 22.38% YoY

Provisions (other than tax): ₹53 crore, down 63.95% YoY

Provision for Tax: ₹153 crore, up 142.86% YoY

Net Profit: ₹412 crore, up 39.66% YoY

Half Yearly Performance (H1 FY2027 vs H1 FY2026)

Net Profit: ₹743 crore, up 31.74% YoY

Net Interest Income: ₹2,200 crore, up 18.85% YoY

Operating Profit: ₹1,163 crore, up 11.29% YoY

Asset Quality

Gross NPA: ₹2,636 crore (2.09% of advances), improved from ₹3,082 crore (2.92%) in September 2025

Net NPA: ₹751 crore (0.61% of advances), improved from ₹854 crore (0.83%) in September 2025

Provision Coverage Ratio (PCR): 92.48% including Technical Write-Offs (TWO)

Sector-wise NPA (September 2026):

  • Retail: 0.89% (₹297 crore)
  • Agriculture: 7.14% (₹1,229 crore)
  • MSME: 3.30% (₹876 crore)
  • Corporate: 0.48% (₹234 crore)

Capital Adequacy

Capital Adequacy Ratio (CRAR): 16.55% as of September 2026 (Regulatory requirement: 11.50%)

CET I Ratio: 15.49% (including Capital Conservation Buffer)

Tier I Capital: 15.49%

Tier II Capital: 1.06%

Risk Weighted Assets: ₹87,373 crore

Balance Sheet Position (as of September 30, 2026)

Total Liabilities: ₹190,288 crore

  • Capital: ₹7,096 crore
  • Reserves & Surplus: ₹7,448 crore
  • Deposits: ₹153,312 crore
  • Borrowings: ₹19,230 crore
  • Other Liabilities & Provisions: ₹3,202 crore

Total Assets: ₹190,288 crore

  • Cash & Balance with RBI: ₹6,330 crore
  • Balance with Banks & Money at call: ₹1,440 crore
  • Investments (Net): ₹50,907 crore
  • Advances (Net): ₹124,034 crore
  • Fixed Assets: ₹2,012 crore
  • Other Assets: ₹5,565 crore

Shareholding Pattern

Government of India: 93.85%

LIC: 1.33%

Others: 4.82%

Share Capital: ₹7,095.59 crore (709.56 crore shares)

Net Worth: ₹12,452 crore

Book Value Per Share: ₹17.55

Branch Network

Total Branches: 1,694 across India

  • Central Region: 390 branches
  • Northern Region: 962 branches
  • Eastern Region: 122 branches
  • Western Region: 92 branches
  • Southern Region: 89 branches
  • North-Eastern Region: 39 branches

Priority Sector Lending

Priority Sector % to ANBC: 48.33% (Mandated: 40.00%)

Agriculture - PS % to ANBC: 19.07% (Mandated: 18.00%)

Small and Marginal Farmers (SMF) % to ANBC: 10.75% (Mandated: 10.00%)

Weaker Section % to ANBC: 12.29% (Mandated: 12.00%)

Micro Enterprises (PS) % to ANBC: 13.32% (Mandated: 7.50%)

Non Corporate Farmer % to ANBC: 12.66% (Mandated: 14.00%)

ESG Initiatives

  • Implemented Climate Risk & Green Deposit Policy
  • Mobilized funds under Green Earth Deposit Scheme
  • Financed ₹517 crore in renewable energy sector
  • Introduced PSB GO-GREEN Financing Scheme
  • Sanctioned ₹301 crore under PSB e-Vahan for electric vehicles
  • Installed rooftop solar power systems and emphasized LED lighting
  • Established Green Branch in Cochin with IGBC Certification

Financial Inclusion

  • Trained 719 trainees in 24 RSETI training batches during Q2
  • Organized 258 FLC camps reaching 3,383 participants
  • Unbanked 59,897 persons under PMJDY during Q2
  • Financed 74 New SHGs with ₹3.37 crores during Q2

Digital Initiatives

Digital Transactions: 20.13 crore in September 2026, up 21.12% YoY

UPI Transactions: 28.67 crore, up 22.05% YoY

PSB UNIC Registrations: 12.01 lakhs, up 16.60% YoY

UPI Users: 34.27 lakhs, up 21.27% YoY

UPI QR: 223,965, up 9.00% YoY

Merchants Onboarded: 227,145, up 9.26% YoY

Digital Channels Contribution: 94.92% of total transactions

Implemented Gold Loan STP Digital Journey, P&SB UniBot, DIGI MSME Loan, Collection Module, and Cash Management Solutions

Guidance for FY2027

  • Deposit Growth: 13-14% YoY
  • Advances Growth: 16-18% YoY
  • RAM % to Total Advances: >60%
  • Gross NPA: <2.0%
  • Net NPA: <0.65%
  • PCR: 92-93%
  • Recovery & Upgradation: > ₹1,000 Crore
  • Credit Cost (Annualized): <1%
  • Slippage Ratio (Annualized): <1%