PUNJAB & SIND BANK

Punjab & Sind Bank has announced its provisional business figures for the period ending September 30, 2026. Total business reached ₹2,79,328 crore, marking a significant year-on-year growth of 15.77%. Deposits grew by 12.98% to ₹1,53,317 crore, while gross advances saw a robust increase of 19.37% to ₹1,26,011 crore. The Credit-Deposit (CD) ratio stood at 82.19%. These figures are provisional and subject to review by the bank's central statutory auditors.

Punjab & Sind Bank announced that its Board of Directors, in a meeting held on September 29, 2026, approved the establishment of a Medium-Term Note (MTN) Programme. This programme will allow the bank to raise foreign currency funds up to USD 1 billion through the issuance of bonds. The board meeting commenced at 2:30 p.m. and concluded at 4:30 p.m.

Punjab & Sind Bank has announced the closure of its trading window for all designated and connected persons. This closure will be effective from October 01, 2026, and will remain in effect until 48 hours after the board meeting scheduled to approve the financial results for the second quarter (Q2) ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal code of conduct, aimed at preventing insider trading.

Punjab & Sind Bank has announced that its Board of Directors will convene on September 29, 2026. The primary agenda item is to consider and approve a proposal for raising funds through foreign currency debt issuance. This move is in compliance with SEBI (LODR) Regulations, 2015, specifically Regulations 29 and 50, which govern board meetings and disclosure requirements for material events.

Punjab & Sind Bank announced the extension of Sh Ravi Mehra's tenure as Executive Director. The extension, approved by the Department of Financial Services, Ministry of Finance, Government of India, is effective from October 09, 2026, until his superannuation on December 31, 2026, or until further orders, whichever is earlier. This ensures continuity in leadership for the bank's executive operations.

Punjab & Sind Bank has received a notice from the United Forum of Bank Unions for an All India Strike from September 28 to September 30, 2026. The strike is planned over various issues and demands. While the bank is implementing measures to ensure smooth operations, the functioning of its branches and offices may be affected if the strike proceeds. This disclosure is made in compliance with SEBI (LODR) Regulations, 2015.

Punjab & Sind Bank has received a notice of an all-India strike proposed by the United Forum of Bank Unions for September 11, 2026. While the bank is implementing measures to ensure smooth operations, the strike, if it materializes, could potentially affect the functioning of its branches and offices. This information is being disclosed in accordance with SEBI (LODR) Regulations, 2015.

Punjab & Sind Bank announced the nomination of Shri Kristam Subba Raju Guptha as a Part-Time Non-Official Director on its Board. This appointment was made by the Central Government in exercise of powers conferred by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. Shri Guptha's tenure will be for a period of 3 years from August 12, 2026, or until further orders. The bank will submit his brief profile separately. This change is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Punjab & Sind Bank reported its reviewed unaudited financial results for the quarter ended June 30, 2026. Net profit saw a significant year-on-year growth of 23.05%, increasing from ₹269 Cr to ₹331 Cr. Net Interest Income also grew by 15.33% to ₹1038 Cr. The bank demonstrated improved asset quality with Gross NPA decreasing by 113 bps to 2.21% and Net NPA by 26 bps to 0.65%. Total business registered a robust growth of 15.27%, reaching ₹266420 Cr, driven by a 19.35% increase in total advances. Return on Assets and Return on Equity also showed improvement.

Punjab & Sind Bank announced that its Board of Directors, in a meeting held on July 18, 2026, approved the Reviewed Unaudited Financial Results for the quarter ended June 30, 2026. The bank also confirmed that there was no deviation or variation in the utilization of funds raised during the quarter. A Security Cover Certificate as of June 30, 2026, was also provided. The financial results and related reports have been submitted and are available on the bank's website.