Punjab & Sind Bank highlights growth in investor presentation

Punjab & Sind Bank highlighted significant growth and key financial achievements in its latest investor presentation. The bank reported a 10.58% year-on-year increase in total business, reaching ₹223,267 Cr, and a 7.64% rise in total deposits, totaling ₹1,27,397 Cr. The bank's RAM (Retail, Agriculture, and MSME) loan book also saw substantial growth, with an increase of 20.85% year-on-year, reaching ₹51,966 Cr. Other key financial ratios included a net worth of ₹9,234 Cr, and the Gross NPA decreased, and the PCR increased. The presentation also emphasized the bank's pan-India branch network, digital initiatives, and commitment to ESG principles. The bank outlined its strategic focus on tailor-made RAM products, digital lending, and enhanced credit monitoring to drive future growth.