PNB Q3: Advances Outpace Deposits, Global Business Nears ₹29 Lakh Crore

• PNB's global business reached ₹28.92 lakh crore in Q3 FY25, growing 9.57% year-on-year.
• Global advances surged 10.98% YoY to ₹12.32 lakh crore, significantly outpacing deposit growth.
• Global deposits increased 8.54% YoY to ₹16.60 lakh crore, showing stable funding conditions.
• The bank's global credit-deposit ratio rose to 74.21% from 72.33% in the September quarter.
• PNB shares traded 1.40% higher on NSE following the provisional business figures.

Why It Matters: PNB's Q3 results show strong loan growth exceeding deposit growth, pushing global business close to ₹29 lakh crore.