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.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
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.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
