Punjab & Sind Bank Q4: Loan Growth Surges, Deposits Rise, CASA Ratio Dips

• Punjab & Sind Bank reported provisional business figures for the March quarter, showing year-on-year growth.
• CASA deposits increased by 10.01% to ₹44,873 crore, but the CASA ratio dipped to 30.77% from 31.43%.
• Total deposits grew 12.37% to ₹1.46 lakh crore, while gross advances surged 18.39% to ₹1.18 lakh crore.
• Overall business expanded by 14.98% to ₹2.64 lakh crore, reflecting growth in both lending and deposit mobilization.
• Rajendra Kumar Raigar and Rajiv Kumar Bansal appointed as Chief General Manager and General Manager, respectively, effective April 1, 2026.