Punjab National Bank Q1 Update: Global Loan Book Up Nearly 13%, Credit Deposit Ratio Rises
Punjab National Bank's global loan book jumped 12.7% on a yearly basis to Rs 10.3 lakh crore in the first quarter of fiscal 2025, according to provisional quarterly business updates filed with stock exchanges on Thursday. Growth came in at 12.1% for domestic advances to Rs 9.89 lakh crore.
The bank's global business grew 10.3% to Rs 24.4 lakh crore in the April-June quarter, as compared to Rs 22.1 lakh crore in the same period last year.
On the deposit side, PNB witnessed a growth of 8.5% globally to Rs 14 lakh crore, while domestically, deposits soared 8.1% to Rs 12.67 lakh crore.
The credit-deposit ratio, which indicates liquidity and credit risks, stood at 73.39%, as compared to 71.79% in the January-March quarter.
Shares of Punjab National Bank closed 0.12% lower at Rs 121.5 apiece, as compared to a flat benchmark BSE Sensex.
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