PNB Q3 updates: Global business grows 9.6% YoY to Rs 28.92 lakh crore, advances jump 11% – News Air Insight

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PSU lender Punjab National Bank (PNB) reported a 9.6% year-on-year growth in its global business at Rs 28.92 lakh crore in the December-ended quarter versus Rs 26.39 lakh crore in the year-ago period. It was up 3.8% on a quarter-on-quarter basis compared to Rs 27.86 lakh crore in Q1FY26.

The domestic business grew 9% YoY to Rs 27.65 lakh crore in the quarter under review compared to Rs 25.34 lakh crore in Q3FY25.

The state-run lender announced its Q3FY26 updates after market hours today, and the numbers are provisional. The actual numbers will be announced in PNB’s earnings later.

PNB’s global deposits stood at Rs 16.60 lakh crore in Q3, up 8.5% YoY and 2.7% sequentially, while the domestic deposits rose 8.3% YoY to Rs 15.97 lakh crore and over 2% QoQ.

India’s third-largest PSU bank by market capitalisation reported 11% YoY and 5.4% QoQ growth in global advances to Rs 12.32 lakh crore in the quarter under review.


The domestic advances were up 10% over the corresponding quarter of the last financial year at Rs 11.67 lakh crore while rising by 4.5% on a sequential basis.

PNB shares ended today at Rs 125.68 on the NSE, up 1.40% over Thursday’s closing price amid strong investor interest in the PSU bank stocks. The stock is currently trading above its 50-day and 200-day simple moving averages (SMA) of Rs 121.2 and 109, respectively, according to Trendlyne data.PNB has posted a 14% YoY increase in its profit after tax (PAT) at Rs 4,904 crore in the September-ended quarter, while its net interest income (NII) dipped by 0.45% YoY.

The NII stood at Rs 10,469 crore at the end of the second quarter of FY26, which is down from Rs 10,517 crore in the same period last year. The global Net Interest Margin (NIM) stood at 2.65% for HY1FY26 and 2.60% in Q2 FY26.

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