Punjab & Sind Bank Registers 15.33% YoY Business Growth as Q1 FY27 Advances Grow Strongly

Public sector lender Punjab & Sind Bank has announced its provisional business figures for the first quarter of the financial year 2026-27 ending June 30, 2026. The bank sustained strong growth momentum across its core operations, driven by a sharp double-digit expansion in credit delivery that pushed its aggregate business mix comfortably past the ₹2.66 lakh crore mark.

Accelerating Credit Growth and Credit-Deposit Ratio Inflection

Lending operations served as the primary growth engine for the bank during the opening quarter of the fiscal year. Gross Advances surged to ₹1,19,440 Crore, registering a powerful 19.50% year-on-year growth compared to the reviewed advance book of ₹99,950 Crore recorded at the end of June last year.

This sharp acceleration in credit outpaced deposit expansion, leading to a significant increase in capital efficiency. The bank's Credit-Deposit (CD) Ratio rose substantially to 81.18% for the provisional quarter, up from 76.19% in the corresponding period of the previous fiscal year.

Steady Mobilization Enhances Total Deposit Base

The bank's liability vertical also maintained a stable upward trajectory, ensuring steady resource support for its expanding loan book. Total Deposits grew by 12.16% year-on-year, scaling to ₹1,47,134 Crore by June 30, 2026, against ₹1,31,182 Crore managed during the same period in the prior fiscal cycle.

Backed by balanced execution across both deposits and advances, the bank's cumulative Total Business reached ₹2,66,574 Crore for the quarter. This performance reflects a robust 15.33% annual expansion over the aggregate business volume of ₹2,31,132 Crore logged by this time last year.

The operational parameters released by the lender are early provisional indicators of financial health. These metrics remain subject to a formal limited review by the Central Statutory Auditors of the bank prior to the final publication of full Q1 FY27 financial results.

Shares of Punjab & Sind Bank was last trading in BSE at Rs. 24.56 as compared to the previous close of Rs. 24.24. The total number of shares traded during the day was 181192 in over 716 trades.

The stock hit an intraday high of Rs. 24.72 and intraday low of 24.09. The net turnover during the day was Rs. 4444238.00.

Source : Equity Bulls

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PunjabandSindBank INE608A01012 PSB BusinessUpdate Q1FY27