Punjab & Sind Bank , a prominent public sector bank in India, has reported significant growth in its business figures for the financial year ending March 31, 2025. The bank has reached a major milestone with its gross advances crossing the ₹1 trillion mark, showcasing robust growth in its lending portfolio.

Key Highlights

• Gross advances reached ₹1,00,051.00 crore, marking a 16.39% year-over-year increase
• Total deposits stood at ₹1,29,780.00 crore, up by 8.68% compared to the previous year
• Total business grew by 11.91% to ₹2,29,831.00 crore

Gross Advances Surge

Punjab & Sind Bank's gross advances have shown impressive growth, increasing from ₹85,964.00 crore in the previous year to ₹1,00,051.00 crore as of March 31, 2025. This 16.39% year-over-year growth reflects the bank's expanding loan book and increased lending activities.

Deposit Growth and CASA Performance

The bank's total deposits have also seen a healthy increase, rising to ₹1,29,780.00 crore from ₹1,19,410.00 crore in the previous year, representing an 8.68% growth. However, the CASA (Current Account Savings Account) deposits showed a modest growth of 5.39%, reaching ₹40,796.00 crore.

It's worth noting that the CASA ratio, an indicator of low-cost deposits, slightly decreased to 31.43% from 32.42% in the previous year.

Improved Credit-Deposit Ratio

Punjab & Sind Bank's credit-deposit (CD) ratio has improved significantly, increasing from 71.99% to 77.09%. This higher CD ratio suggests that the bank has been more efficient in converting its deposits into loans, potentially leading to improved profitability.

Business Performance Overview

Conclusion

The bank's overall business performance shows a positive trend, with total business growing by 11.91% to reach ₹2,29,831.00 crore. This growth is primarily driven by the substantial increase in gross advances and supported by the growth in deposits.

Punjab & Sind Bank's achievement of crossing the ₹1 trillion mark in gross advances is a significant milestone, indicating the bank's expanding role in supporting economic activities through increased lending. The bank's ability to grow its loan book at a faster pace than its deposits suggests an aggressive growth strategy, which could potentially lead to improved earnings in the coming quarters.

However, it's important to note that these figures are provisional and subject to audit by the bank's Central Statutory Auditors. Investors and stakeholders will be keenly watching for the final audited results to confirm this strong performance.

Punjab & Sind Bank , a prominent public sector bank in India, has reported significant growth in its financial performance for the fiscal year ending March 31, 2025. The bank has achieved a major milestone by crossing the ₹1 trillion mark in gross advances, showcasing robust growth in its lending portfolio.

Key Highlights

Impressive Growth in Advances

Punjab & Sind Bank's gross advances have shown remarkable growth, increasing from ₹85,964.00 crore in the previous fiscal year to ₹1,00,051.00 crore as of March 31, 2025. This 16.39% year-over-year growth reflects the bank's strong performance in its lending business and its ability to capitalize on the growing credit demand in the economy.

Steady Rise in Deposits

The bank's total deposits have also seen a healthy increase, rising from ₹1,19,410.00 crore to ₹1,29,780.00 crore, marking an 8.68% growth. This growth in deposits indicates continued trust and confidence from the bank's customers.

CASA Performance

Current Account and Savings Account (CASA) deposits, an important indicator of a bank's low-cost deposits, grew by 5.39% to reach ₹40,796.00 crore. However, the CASA ratio slightly decreased from 32.42% to 31.43%, which may be an area for the bank to focus on in the coming year.

Improved Credit-Deposit Ratio

Punjab & Sind Bank's Credit-Deposit (CD) ratio has improved significantly, increasing from 71.99% to 77.09%. This higher CD ratio suggests that the bank is efficiently utilizing its deposits to generate loans, potentially leading to improved profitability.

Overall Business Growth

The bank's total business, which combines deposits and advances, grew by 11.91% to reach ₹2,29,831.00 crore. This double-digit growth in overall business volume underscores the bank's expanding operations and market presence.

Conclusion

Punjab & Sind Bank's strong performance in the fiscal year 2024-25 demonstrates its resilience and ability to grow in a competitive banking landscape. The significant milestone of crossing ₹1 trillion in gross advances positions the bank for further growth and expansion in the coming years. As these figures are provisional and subject to audit by the bank's Central Statutory Auditors, investors and stakeholders will be keenly awaiting the final audited results for a comprehensive assessment of the bank's financial health and performance.