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Punjab & Sind Bank is down for a fifth straight session today. The stock is quoting at Rs 30.02, down 0.03% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 25806.35. The Sensex is at 84242.43, down 0.28%.Punjab & Sind Bank has lost around 0.43% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has increased around 8.05% in last one month and is currently quoting at 8303.05, up 0.5% on the day. The volume in the stock stood at 12.72 lakh shares today, compared to the daily average of 36.54 lakh shares in last one month.
The PE of the stock is 18.42 based on TTM earnings ending September 25.
Net interest income (NII) grew 8.82% to Rs 950 crore in Q2 FY26 as compared with Rs 873 crore recorded in Q2 FY25.
During the quarter, the bank’s total business grew by 12.19% YoY to Rs 2,41,272 crore, where in total advances were up by 15.97% YoY to Rs 1,05,566 crore.
Total deposits rose 9.42% to Rs 1,35,706 crore as against Rs 1,24,025 crore recorded in the corresponding quarter last year.
CASA deposits stood at Rs 41,129 crore in Q2 FY26 as compared to Rs 37,744 crore posted in Q2 FY25, registering a growth of 8.97%. The CASA ratio was 30.31% as of 30 September 2025, as against 30.43% as of 30 September 2024.
Gross non-performing assets (GNPA) reduced 19.63% to Rs 3,082 crore as of 30 September 2025, as against Rs 3,835 crore as of 30 September 2024.
On the asset quality front, the gross NPA ratio reduced to 2.92% in Q2 FY26 as against 4.21% recorded in Q2 FY25. The net NPA ratio reduced to 0.83% in Q2 FY26 as against 1.46% in Q2 FY25.
The Capital Adequacy Ratio (CRAR) improved by 30 bps to 17.19%, and the Tier I (including CCB) capital ratio improved to 15.32% in Q2 FY26 as against 14.55% registered in Q2 FY25.
The bank’s provision coverage ratio increased by 332 bps and stands at 91.88%.
The bank’s CD ratio improved by 439 bps to 77.79% in Q2 FY26 as against 73.40% in Q2 FY25.
Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments. The bank has a total of 1,607 branches and 1,053 ATMs.
The scrip shed 0.63% to end at Rs 30.03 on the BSE.