Punjab & Sind Bank has reported its provisional business update for the quarter ended September 30, 2026, showing a healthy 15.77% year-on-year growth in total business to Rs 2.79 lakh crore. Gross advances grew significantly by 19.37%, driving the bank's credit-deposit ratio to 82.19%. These figures, while showing strong operational momentum, remain provisional and subject to statutory audit before the final financial results are released.
Punjab & Sind Bank Reports 15.77% YoY Growth in Total Business
Total Business reached Rs 2,79,328 crore as of September 30, 2026.
Gross Advances surged by 19.37% to Rs 1,26,011 crore.
Reader Takeaway: Strong loan book expansion drives overall business volume, though investors must await the final audited report.
What just happened
Punjab & Sind Bank released provisional business performance metrics for the second quarter of the current fiscal year. The bank reported a total business volume of Rs 2,79,328 crore, reflecting a 15.77% increase over the same period last year. Deposit mobilization grew by 12.98% to reach Rs 1,53,317 crore, while credit disbursement grew at a faster pace of 19.37%.
Why this matters
The jump in the Credit-Deposit (CD) ratio from 77.79% to 82.19% indicates that the bank is aggressively deploying its deposit base into credit assets. This expansion in advances suggests a focus on growing the loan book, which is typically a key revenue driver for public sector lenders.
What changes now
These figures provide the first glimpse into the bank's operational performance for the quarter. While the growth trajectory appears positive, the numbers are currently provisional. The bank’s official financial health, including its profitability and asset quality, will only be clear once the audited results are finalized and reviewed by the Central Statutory Auditors.
Risks to watch
As these are provisional numbers, there is a possibility of variances when final audited accounts are prepared. Investors should also monitor whether the accelerated credit growth impacts the bank's Net Interest Margin (NIM) or leads to changes in provisioning requirements due to evolving asset quality.
Context metrics (time-bound)
The data covers the period ending September 30, 2026, compared against the reviewed figures from September 30, 2025. During this 12-month window, the bank’s total deposit base expanded by Rs 17,611 crore.