Punjab & Sind Bank Q3 Profit Jumps 19%, Asset Quality Improves Significantly

• Punjab & Sind Bank reported a 19.3% year-on-year increase in net profit to ₹336.4 crore for Q3 FY26.
• Net Interest Income (NII) grew by 5% to ₹986.2 crore, driven by strong business momentum.
• Asset quality improved with Gross NPA falling to 2.60% and Net NPA easing to 0.74% sequentially.
• Total business expanded to ₹2,49,691 crore, marking an 11.84% year-on-year growth.
• Gross advances rose 15.25% year-on-year to ₹1,10,488 crore, with the credit-deposit ratio improving to 79.37%.

Why It Matters: Punjab & Sind Bank delivered strong Q3 FY26 results with significant profit growth and improved asset quality.