'Punjab National Bank has reported
14% growth in net profit at Rs 4903.73 crore for the quarter ended September
2025 (Q2FY2026). The bank has posted flat net interest income (NII), while the
core fee income of the bank improved 7% in Q2FY2026. The Net Interest Margin
(NIM) of the bank declined to 2.60% in Q2FY2026 compared to 2.92% in the
corresponding quarter of previous year.
On business front, the bank as has posted 11%
growth in business with 10% surge in loan book. The asset quality of the bank has
continued to improve in Q2FY2026. Bank has reduced the credit to deposit ratio
to 72.3% at end September 2025 from 72.8% at end September 2024. However, the
CASA ratio of the bank has declined to 36.1% at end September 2025 from 38.2%
at end September 2024.
Asset quality improves: The bank has continued to improve asset quality
in Q2FY2026.
The fresh slippages of loans stood at Rs 1955
crore in Q2FY2026 compared with 1886 crore in previous q...
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