News

Punjab & Sind Bank Q2 profit rises 22.9%, asset quality improvesPunjab & Sind Bank posted a 22.9 percent YoY profit rise to ₹295 crore in September 2025, improved asset quality, and plans to raise up to ₹5000 crore in capital by March 2027.By Sheersh Kapoor   October 16, 2025, 7:37:45 PM IST (Published)1 Min ReadChoose  CNBC TV18 on Google

.gglsvg{margin: 5px 0 0;}

.articleWrap a.gglbtn span, .narticle-data a.gglbtn span, .gglbtn span{color: #fff; opacity:1; font: 700 11px/16px Open Sans; }

.articleWrap a.gglbtn, .narticle-data a.gglbtn,.gglbtn{width: 160px; border:none; text-decoration:none; height: 34px; background: #1767FF; color: #fff; font: 700 11px/16px Open Sans; display: flex; padding:0 8px; border-radius: 4px; justify-content: space-between;align-items:center;}

Punjab & Sind Bank reported a 22.9% year-on-year (YoY) increase in net profit to ₹295 crore for the quarter ended September 2025, compared with ₹240 crore in the same period last year.

The bank’s net interest income (NII) grew 8.8% YoY to ₹950 crore from ₹873.8 crore, supported by improved loan growth and stable margins.

Asset quality showed further improvement — the gross non-performing assets (GNPA) ratio declined to 2.92% from 3.34% in the previous quarter, while the net NPA ratio eased to 0.83% from 0.91% sequentially.

The lender’s provision coverage ratio (including write-offs) stood at 91.88%, up from 88.56% a year ago, reflecting strengthened balance sheet resilience.

Also Read: Q2 Results Highlights | Jio Financial revenue up 41%; LTIMindtree beats estimates

The board also approved plans to raise up to ₹5,000 crore in capital by March 2027, including ₹3,000 crore through equity issuance and ₹2,000 crore via Basel III-compliant bonds, along with ₹3,000 crore in infrastructure bonds.

Shares of Punjab & Sind Bank closed at ₹30.24, up marginally by 0.30% today on NSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsPunjab and Sind BankQ2 resultsshare market today