Punjab & Sind Bank records 40% rise in net profit in Q2

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SENSEX 74,729.27

+ 413.66

NIFTY 23,146.15

+ 148.80

NIFTY 23,146.15

+ 148.80

CRUDEOIL 9,570.00

+ 285.00

CRUDEOIL 9,570.00

+ 285.00

GOLD 147,903.00

+ 414.00

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Net interest income grows 22% to ₹1,162 crore

By Our Bureau

Updated - October 17, 2026 at 08:22 PM.

With improvement in interest earning, Punjab & Sind Bank on Saturday reported a net profit of ₹412 crore during July-September quarter of FY 27. This is 40 per cent higher than ₹295 crore achieved during corresponding period of last fiscal.

The bank’s net interest income stood at ₹1,162 crore for the quarter, showing a growth of over 22 per cent. Net Interest Margin improved by 17 bps to 2.77 per cent. During the quarter, provisions and contingencies dropped sharply, giving a boost to the net profit. Gross non-performing assets improved to 2.09 per cent from 2.92 per cent a year earlier and 2.21 per cent in the previous quarter (QoQ). Net NPAs declined to 0.61 per cent from 0.83 per cent

Published on October 17, 2026

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