Greater Noida(Banking desk):Punjab National Bank (PNB) has reported its highest-ever operating profit of ₹7,081 crore for the first quarter ended June 30, 2025 (Q1 FY26), marking a strong start to the fiscal year. The bank showcased a robust performance across multiple parameters including profitability, asset quality, digital initiatives, and retail loan growth.
Key Financial Highlights:
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Total income surged 15.7% YoY to ₹37,232 crore.
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Net profit before tax rose by 28.3% YoY to ₹6,758 crore.
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Net Interest Income (NII) increased marginally by 1.0% to ₹10,578 crore.
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Global business grew by 11.6% YoY to ₹27.19 lakh crore.
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Global deposits rose by 12.9% YoY to ₹15.89 lakh crore.
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Global advances stood at ₹11.29 lakh crore, growing 9.8% YoY.
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Domestic Net Interest Margin (NIM) was 2.84%, while global NIM stood at 2.7%.
Improved Asset Quality:
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Gross NPA ratio improved by 120 bps to 3.78%.
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Net NPA ratio improved to 0.38%, down from 0.60% last year.
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Provision Coverage Ratio (PCR) including write-offs increased to 96.88%.
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Credit cost improved significantly to 0.14%, down from 0.32% YoY.
Retail & Sectoral Advances:
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Total retail credit grew by 11.8% YoY to ₹2.62 lakh crore.
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Housing loans rose by 16.6%, vehicle loans surged 25.3%.
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Agriculture advances increased 6.2% YoY.
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MSME credit grew impressively by 18.6% to ₹1.69 lakh crore.
Deposits and CASA Performance:
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Savings deposits stood at ₹4.98 lakh crore (2.8% growth).
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CASA deposits reached ₹5.69 lakh crore, contributing 36.99% to total deposits.
Operational Efficiency:
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Business per employee improved to ₹27.3 crore.
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Net profit per employee reached ₹6.98 lakh.
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Business per branch increased to ₹257.39 crore.
Capital and Inclusion:
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CRAR strengthened to 17.5%, with Tier I capital at 14.62%.
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Under financial inclusion, PMJDY accounts rose to 5.39 crore.
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Substantial YoY growth seen in enrolments under PMJJBY, PMSBY, and APY schemes.
Digital and Technological Progress:
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Digital transactions grew 32% YoY to 294 crore.
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PNB One users rose by 19% to 2.23 crore.
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WhatsApp Banking users doubled to 69.7 lakh.
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PNB became the first bank to enable off-us onboarding using Aadhaar numbers.
Awards & Recognitions:
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Winner in risk/fraud management and recovery under EASE 7.0 reforms.
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Secured first place in Digital Payments Awards 2023-24 (PSB category).
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Multiple wins at IBA CISO Summit and Infosys Finacle Innovation Awards.
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Recognized for Cost Management Excellence by ICWAI and for official language implementation by the Ministry of Finance.
With a distribution network of 10,209 domestic branches, 11,240 ATMs, and 31,763 business correspondents, Punjab National Bank continues to strengthen its national presence while pushing for digitization, customer service excellence, and sustainable growth.
