On quarter on quarter (QoQ) basis, the domestic deposits rose 4.2% in the December 2024 quarter from Rs 14,16,389 crore as of the September 2024 quarter.
The bank's domestic advances stood at Rs 10,61,852 crore in Q3 FY25, up 14.1% YoY and up 5% QoQ.
The banks’ global advances increased 15% to Rs 11,11,940 crore as of December 2024 as against Rs 9,67,256 crore as of December 2023 and up 4.7% from Rs 10,61,904 crore as of September 2024.
As on 31 December 2024, the bank’s global deposits was Rs 15,30,401 crore (up 15.6% YoY and up 4.9% QoQ).
The bank's global business stood at Rs 26,42,341 crore as of 31 December 2024, recording a growth of 15.3% YoY and 4.8% QoQ.
Global credit-deposit ratio declined to 72.66% in Q3 FY25 as against 73.08% recorded in Q3 FY24.
Punjab National Bank is engaged in Treasury Operations, Corporate/Wholesale Banking, Retail Banking, Digital Banking, and others. As of 30 September 2023, the Government of India held a 73.15% stake in the bank.
The public lender’s standalone net profit soared 145.1% to Rs 4,303.46 crore on a 17.2% rise in total income to Rs 34,447.10 crore in Q2 FY25 over Q2 FY24.