Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Total income rose 5.44% YoY to Rs 38,185.41 crore from Rs 36,213.62 crore, and 2.56% quarter-on-quarter (QoQ) from Rs 37,230.73 crore. Net interest income (NII) grew 10.82% YoY to Rs 11,601.29 crore from Rs 10,468.80 crore, and 7.44% QoQ from Rs 10,798.36 crore. Fee-based income climbed 16.0% YoY to Rs 1,954 crore from Rs 1,685 crore.
Profit before tax (PBT) increased 12.92% YoY to Rs 7,434.67 crore from Rs 6,583.98 crore, and 6.54% QoQ from Rs 6,978.01 crore. Pre-provisioning operating profit (PPOP) grew 4.22% YoY to Rs 7,531.94 crore from Rs 7,227.06 crore, and edged up 0.17% QoQ from Rs 7,519.20 crore. Global net interest margin (NIM) improved to 2.58% from 2.50% in Q1 FY27, but was marginally lower than the 2.60% a year earlier.
Provisions and contingencies fell 84.87% YoY to Rs 97.27 crore from Rs 643.08 crore, and 82.03% QoQ from Rs 541.19 crore.
Asset quality improved. Gross NPAs declined 15.25% YoY to Rs 34,190.17 crore, with the gross NPA ratio at 2.55% against 3.45% a year ago and 2.78% in June 2026. Net NPAs fell 17.70% YoY to Rs 3,313.27 crore, with the ratio at 0.25% against 0.36% a year ago and 0.28% in the previous quarter. Provision coverage ratio, including technical write-offs, stood at 97.32%, compared with 96.91% a year earlier and 97.23% in June 2026. The slippage ratio was 0.77% against 0.71% a year ago.
Global business grew 11.9% YoY to Rs 31,18,434 crore. Global deposits rose 9.9% YoY to Rs 17,77,240 crore, up 3.04% QoQ, while global advances grew 14.7% YoY to Rs 13,41,194 crore, up 5.35% QoQ. The credit-deposit ratio rose to 75.5% from 72.3%. CASA deposits grew 7.3% YoY to Rs 6,25,945 crore, with the CASA share at 36.6% against 37.29% a year earlier.
Retail advances excluding inter-bank participation certificates (IBPC) grew 16.3% YoY. Housing loans rose 14.3% to Rs 1,41,836 crore, vehicle loans rose 29.6% to Rs 38,234 crore, agriculture priority-sector advances rose 18.1% to Rs 1,71,156 crore, and MSME advances rose 19.8% to Rs 2,14,619 crore. Capital adequacy ratio (CRAR) improved to 17.95% from 17.19% a year ago, and tangible book value per share rose to Rs 111.94 from Rs 95.92. Return on assets was steady at 1.05%.
Digital transactions rose 31% YoY to 408 crore in the quarter and accounted for about 95.7% of the bank's total transactions. WhatsApp Banking users rose 72% to 143 lakh. The bank's retail app, PNB One, had 285 lakh users, and its corporate app, PNB One Biz, had 4.14 lakh users, up 112%.
Punjab National Bank is a New Delhi-headquartered public sector lender. It has 10,481 domestic branches, 2 international branches and 53,672 customer touch points.
Punjab National Bank gained 4.61% today to trade at Rs 121.45. The BSE BANKEX index is up 0.36% to quote at 62995.09. The index is down 0.82 % over last one month. Among the other constituents of the index, Canara Bank increased 1.14% and Union Bank of India added 1.08% on the day. The BSE BANKEX index went down 3.17 % over last one year compared to the 10.84% fall in benchmark SENSEX.
Punjab National Bank has added 3.63% over last one month compared to 0.82% fall in BSE BANKEX index and 0.75% rise in the SENSEX. On the BSE, 2.26 lakh shares were traded in the counter so far compared with average daily volumes of 5.9 lakh shares in the past one month. The stock hit a record high of Rs 135.15 on 19 Jan 2026. The stock hit a 52-week low of Rs 98.5 on 18 May 2026.
Coal India Ltd, Punjab National Bank, Bharti Airtel Ltd, Coromandel International Ltd are among the other stocks to see a surge in volumes on BSE today, 19 October 2026.
Capri Global Capital Ltd recorded volume of 9.33 lakh shares by 10:45 IST on BSE, a 7.2 times surge over two-week average daily volume of 1.30 lakh shares. The stock gained 3.38% to Rs.255.75. Volumes stood at 28706 shares in the last session.
Coal India Ltd notched up volume of 10.45 lakh shares by 10:45 IST on BSE, a 4.94 fold spurt over two-week average daily volume of 2.11 lakh shares. The stock slipped 0.12% to Rs.416.40. Volumes stood at 2.37 lakh shares in the last session.
Punjab National Bank witnessed volume of 27.38 lakh shares by 10:45 IST on BSE, a 4.2 times surge over two-week average daily volume of 6.51 lakh shares. The stock increased 5.43% to Rs.122.40. Volumes stood at 7.04 lakh shares in the last session.
Bharti Airtel Ltd recorded volume of 39.31 lakh shares by 10:45 IST on BSE, a 3.47 times surge over two-week average daily volume of 11.33 lakh shares. The stock lost 0.43% to Rs.1,896.80. Volumes stood at 34.34 lakh shares in the last session.
Coromandel International Ltd saw volume of 1.02 lakh shares by 10:45 IST on BSE, a 3.46 fold spurt over two-week average daily volume of 29363 shares. The stock dropped 0.85% to Rs.1,745.20. Volumes stood at 3364 shares in the last session.
Market participants tracked movements in the rupee and crude oil prices, along with quarterly earnings announcements released over the weekend. Mixed global cues, sustained foreign institutional selling and ongoing geopolitical uncertainties added to the cautious undertone. Investors also remained focused on the September-quarter earnings season for fresh cues on corporate performance and the broader market outlook.
PSU Bank shares declined after advancing in the past trading session.
At 11:25 IST, the barometer index, the S&P BSE Sensex declined 494.21 points or 0.68% to 71,977.60. The Nifty 50 index dropped 121.45 points or 0.55% to 22,396.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.29% and the BSE 250 SmallCap Index jumped 0.99%.
The market breadth was positive. On the BSE, 2,301 shares rose and 1,797 shares fell. A total of 303 shares were unchanged.
Economy:
The Reserve Bank of India (RBI) has announced a special facility to meet the entire daily US dollar requirements of three public sector oil marketing companies – Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL). According to an RBI press release, the central bank will sell US dollars to the three companies through designated banks to meet their foreign exchange requirements. The facility will come into effect tomorrow and remain operational until further notice. The RBI said, the decision was taken following an assessment of prevailing market conditions and is aimed at facilitating the foreign exchange requirements of the three state-owned oil marketing companies.
The Reserve Bank of India (RBI) has raised the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks to 99% from 90%, effective from the reporting fortnight beginning October 16, 2026. Under the existing framework, banks are required to maintain at least 90% of the prescribed CRR on a daily basis, provided their average daily balance over the reporting fortnight meets the CRR requirement stipulated by the RBI.
Buzzing Index:
The Nifty PSU Bank index declined 1.39% to 8,031. The index climbed 1.63% in the past trading sessions.
State Bank of India (down 1.64%), Punjab National Bank (down 1.32%), Union Bank of India (down 1.23%), Canara Bank (down 0.78%), Bank of India (down 0.75%), Indian Bank (down 0.74%), Bank of Baroda (down 0.68%), Indian Overseas Bank (down 0.46%), Punjab & Sind Bank (down 0.33%) and UCO Bank (down 0.13%) declined.
Global Market:
US stock futures pointed to a positive opening on Monday, with Dow futures rising 190 points. However, investors remained cautious ahead of key US inflation data and the start of the September-quarter earnings season.
Asian indices traded mixed on Monday amid geopolitical uncertainty and caution ahead of corporate earnings. Japan's cash equity market remained closed for Sports Day.
US stocks ended higher on Friday, with all three major indices advancing and posting weekly gains. The Dow Jones Industrial Average rose 423.31 points, or 0.83%, to 51,654.95. The S&P 500 gained 46.18 points, or 0.59%, to 7,811.54, while the Nasdaq Composite advanced 172.83 points, or 0.64%, to 27,366.17.
Net interest income (NII) rose 2.1% to Rs 10,798 crore in Q1 FY27 from Rs 10,578 crore a year earlier, while the global net interest margin (NIM) improved to 2.64% in Q1 FY27 from 2.50% in Q1 FY26.
The bank's global business expanded 10.2% YoY to Rs 29,97,970 crore as of 30 June 2026. Global advances grew 12.7% YoY to Rs 12,73,132 crore, while global deposits rose 8.5% YoY to Rs 1,72,4837 crore in Q1 FY27.
CASA deposits stood at Rs 6,13,116 crore in Q1 FY27 as compared to Rs 5,68,638 crore posted in Q1 FY26, registering a growth of 7.8%. However, the domestic CASA ratio moderated slightly to 36.7% as of 30 June 2026 from 37% a year ago.
On the asset quality front, gross non-performing assets (GNPA) reduced 17.09% to Rs 35,381 crore as of 30 June 2026, as against Rs 42,673 crore as of 30 June 2025.
The gross NPA ratio reduced to 2.78% as on 30th June 2026 as against 3.78% recorded as on 30th June 2025. The net NPA ratio reduced to 0.28% in as on 30th June 2026 as against 0.38% as on 30th June 2025.
The bank's capital position remained strong, with the Capital Adequacy Ratio (CRAR) at 18.13% and the Common Equity Tier-I (CET-I) ratio improving to 14.52% from 12.95% in the year-ago period.
The slippage ratio also improved to 0.68% in Q1 FY27 from 0.71% in the corresponding quarter of the previous year.
Punjab National Bank is a public sector bank that is engaged in treasury operations, corporate/wholesale banking, retail banking, digital banking, and others. As on 30th June 2026, the bank had 10,359 domestic branches and 2 International Branches. Out of the total branches, the bank had 38.7% branches in rural & 24.6 % in semi-urban areas.