Punjab & Sind Bank Q1FY27: Total Business Rises 15.33% YoY to ₹2,66,574 Crore

Punjab & Sind Bank reported a strong 15.33% year-on-year growth in total business to ₹2,66,574 crore for the quarter ended June 30, 2026. The bank's gross advances surged 19.50% to ₹1,19,440 crore, while total deposits rose 12.16% to ₹1,47,134 crore during the same period. The Credit-Deposit (CD) ratio improved to 81.18% from 76.19% in the corresponding quarter of the previous year, reflecting the faster pace of credit expansion relative to deposit mobilisation.

The provisional figures were disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank stated that these numbers are subject to review by the Central Statutory Auditors.

Key Financial Metrics

The following table outlines the provisional business performance for Q1FY27 compared to the reviewed figures for the same period in the previous year:

(Rs. in crore)	30.06.2026 (Provisional)	30.06.2025 (Reviewed)	Y-o-Y Growth (%)
Total Business	2,66,574	2,31,132	15.33%
Total Deposits	1,47,134	1,31,182	12.16%
Gross Advances	1,19,440	99,950	19.50%
CD Ratio (%)	81.18%	76.19%	—

The increase in gross advances outpaced deposit growth, leading to a higher CD ratio. The bank's total business comprises both deposits and advances.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.49%	-0.49%	+5.48%	-12.08%	-23.68%	+19.61%

Punjab & Sind Bank has appointed Sh. Bontha Koteswara Rao as its General Manager, effective July 1, 2026. The appointment follows a change in senior management, with Rao taking over the position previously held by Mrs. Rashmita Kwatra. This leadership transition is part of the bank's routine administrative updates communicated to the stock exchanges.

The bank disclosed the appointment pursuant to Regulation 30 & 51 of the SEBI (LODR) Regulation, 2015. The notification detailed the background and qualifications of the new appointee, confirming that the change is effective immediately from the stated date.

Profile of the Appointee

Sh. Bontha Koteswara Rao brings extensive experience to his new role. He joined the services of the bank in 1989 and has since accumulated over 36 years of experience in the banking sector. His academic and professional qualifications include a B.A degree and certifications from the Indian Institute of Banking & Finance (IIBF).

Rao holds specific certifications in Anti-Money Laundering (AML), Know Your Customer (KYC), and Compliance. Additionally, he is a Certified Associate of the Indian Institute of Banking & Finance (CAIIB), underscoring his expertise in banking operations and regulatory frameworks.

Appointment Details

The following table summarizes the key details regarding the appointment:

Particulars	Details
Name of the General Manager	Sh. Bontha Koteswara Rao
Reason for change	Appointed as General Manager
Effective date of Appointment	July 1, 2026
Brief Profile	Joined bank in 1989; B.A, IIBF certified (AML, KYC, Compliance), CAIIB; over 36 years experience
Disclosure of relationship between Directors	Not Applicable