The bank’s total business rose to ₹2.67 lakh crore from ₹2.31 lakh crore in the corresponding quarter last year.
Total deposits increased 12.16% year-on-year to ₹1.47 lakh crore from ₹1.31 lakh crore a year earlier.
Gross advances climbed 19.5% year-on-year to ₹1.19 lakh crore from ₹99,950 crore in the year-ago period, outpacing deposit growth and indicating continued momentum in the bank’s lending portfolio.
The bank’s Current Account Savings Account (CASA) ratio stood at 76.19% as of June 30, compared with 81.18% a year earlier, suggesting a shift in the deposit mix despite remaining at a relatively strong level.
Overall, the provisional business update points to sustained balance sheet expansion during the quarter, with credit growth remaining stronger than deposit mobilisation.
Shares of Punjab & Sind Bank closed 1.20% higher at ₹24.53 on the NSE.
