PUNJAB & SIND BANK

Punjab & Sind Bank received a notice of strike from the All India PSB Officers Union, proposing an All India Strike on May 8, 2026. The bank is taking steps to ensure smooth functioning, but operations may be affected if the strike materializes. The information is submitted in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Punjab & Sind Bank's Board of Directors, at its meeting on April 27, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The Board also recommended a dividend of ₹0.39 per equity share (3.90%) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The filing included the audited financial results, auditor's report with an unmodified opinion, and a declaration of nil deviation in the utilization of funds.

Punjab & Sind Bank's Board of Directors, in a meeting held on April 27, 2026, has recommended a final dividend of 3.90% for the financial year 2025-26. This translates to ₹0.39 per equity share, based on a face value of ₹10 each. The proposed dividend is contingent upon approval from shareholders at the forthcoming Annual General Meeting (AGM). The bank will announce the record date for this dividend at a later stage.

Punjab & Sind Bank reported strong financial results for Q4 and FY26. Net Profit for FY26 surged by 30.12% year-on-year to ₹1322 crore, while Q4 FY26 net profit increased by 25.60% quarter-on-quarter to ₹422 crore. Operating profit for FY26 also grew by 5.16% to ₹2182 crore. The bank demonstrated significant improvement in asset quality, with Gross NPA decreasing by 98 bps to 2.40% and Net NPA reducing by 17 bps to 0.79% year-on-year. Total business expanded by 14.94% to ₹263652 crore, driven by robust growth in total advances (18.29%) and deposits (12.37%). Retail, Agriculture, and MSME advances showed healthy growth of 24.59%, 23.44%, and 29.70% respectively. Return on Assets improved by 12 bps to 0.79%.

The Board of Directors of Punjab & Sind Bank, at its meeting on April 27, 2026, approved the Audited Financial Results for the quarter and year ended March 31, 2026. The Board also recommended a dividend of ₹0.39 per equity share (3.90% of face value ₹10/- each) for the financial year 2025-26. This dividend recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting. The filing included the Audited Financial Results, Auditors' report with an unmodified opinion, and confirmed nil deviation in the utilization of funds raised for the quarter ended March 31, 2026.

Punjab & Sind Bank has scheduled a Board of Directors meeting for April 27, 2026, in New Delhi. The key agenda items include the consideration and approval of the Audited Financial Results for the fourth quarter and the full financial year ended March 31, 2026. Furthermore, the Board will discuss a proposal for recommending a final dividend for the fiscal year 2025-26, which would be subject to shareholder approval at the upcoming Annual General Meeting. In compliance with insider trading regulations, the trading window for designated persons remains closed from April 1, 2026, until April 29, 2026.

Punjab & Sind Bank has disclosed details of its outstanding bonds totaling ₹4,237.30 crore as of March 31, 2026. This disclosure is in compliance with SEBI operational circulars regarding ISIN specifications for debt securities. The bank has four series of bonds outstanding, with varying issuance and maturity dates, coupon rates, and amounts. The maturities range from October 2026 to December 2034. The largest single outstanding bond series is for ₹3,000 crore, issued in December 2024 with a 7.74% annual coupon, maturing in December 2034.

Punjab & Sind Bank has submitted comprehensive information for its corporate bonds/debentures to the SEBI Centralized Database, in compliance with Chapter XIV of the SEBI Operational Circular. The filing details four ISINs (INE608A08017, INE608A08033, INE608A08041, INE608A08058), including their listing dates, quantities, and record dates for interest/redemption. The bank provided current credit ratings, predominantly 'AA Stable' from agencies like CARE, CRISIL, Infomerics, and India Ratings, noting recent upgrades and reaffirmations. Additionally, the submission confirms that interest payments have been made for both Tier II and Infra Bonds, specifying the amounts and payment dates. The bank also reported no history of defaults or delays in servicing any other debt securities.

Shankar Lal Agarwal, a Part-Time Non-Official Director on the Board of Punjab & Sind Bank, has retired upon the completion of his one-year tenure. His appointment was effective from April 11, 2025, as per a Government of India notification. The bank has informed the stock exchanges about this change in directorship, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Punjab & Sind Bank has released its provisional business figures for the year ending on 31st March 2026. The bank has reported a significant growth in total business, which stands at Rs. 2,63,750 crore, marking a 14.98% year-over-year increase from the audited figures of the previous fiscal year. Total deposits have also increased by 12.37% to Rs. 1,45,830 crore, with CASA deposits contributing Rs. 44,873 crore, reflecting a 10.01% growth. The CASA percentage stands at 30.77%. Gross advances have also seen a growth of 18.39%, reaching Rs. 1,17,920 crore. The bank's CD Ratio stands at 80.86%. The provisional figures are subject to audit by the Central Statutory Auditors of the Bank.