The bank’s global business reached ₹26.8 lakh crore, a notable increase of 14.0% compared to ₹23.5 lakh crores in the same period last year. Domestic business also performed strongly, growing by 13.2% to ₹25.8 lakh crore.
PNB’s deposit base witnessed substantial growth. Global deposits rose by 14.3% year-on-year, reaching ₹15.7 lakh crore. Domestic deposits increased by 13.3% to ₹15.1 lakh crore, reflecting customer confidence in the bank.
On the lending front, PNB’s global advances experienced a growth of 13.6%, reaching ₹11.2 lakh crore. Domestic advances also saw a healthy increase of 13.2%, totaling ₹10.7 lakh crore.
The bank’s global Credit-Deposit (CD) Ratio stood at a healthy 71.37%.
These provisional results demonstrate PNB’s commitment to sustainable growth and its ability to capitalise on market opportunities. The bank continues to focus on strengthening its financial position and delivering value to its stakeholders. Further details will be available upon completion of the statutory audit.
Ahead of the financial update, PNB shares had ended 1.1% higher today at a price of ₹97.30 on the BSE.