Pnb Shares Fall Post Q1 Business Updates, Check Details

SUMMARY

Shares of Punjab National Bank (PNB) were trading little coming aft nan lender reported its Q1 business updates. PNB shares fell 2% to Rs 111.60 connected Thursday against nan erstwhile adjacent of Rs 113.85 connected BSE. Market headdress of nan lender stood astatine Rs 1.29 lakh crore.

The lender connected Wednesday announced a year-on-year maturation of 11.6% successful its gross business for nan first 4th of fiscal twelvemonth 2025, reaching a full of Rs 27.19 lakh crore. This includes a quarter-on-quarter summation of 1.4%. The bank's home business recorded a maturation of 11.1% annually, totalling 26.17 lakh crore, signifying a 1.5% sequential growth.

Additionally, world deposits accrued by 12.8% year-on-year to 15.89 lakh crore, pinch home deposits rising to 15.37 lakh crore, showing a 12.2% increase. These figures underscore PNB's robust capacity successful a competitory market, reflecting its strategical attraction connected expanding its customer guidelines and enhancing work delivery.

The state-owned lender reported a 51.7% Y-o-Y maturation successful nett profit for nan March 2025 quarter. Net Profit for Q4’FY25 roseate to Rs 4,567 crore against Rs 3,010 Crore successful Q4FY’24. The PNB committee besides approved money raise of up to Rs 8,000 cr via issuance of Basel III compliant bonds. The committee declared a dividend of Rs 2.9 per share. 

Net Interest Income (NII) roseate to Rs 10,757 Crore successful Q4 FY’25 from Rs 10,363 crore successful Q4 FY’24. Return connected Assets (RoA) improved by 25 bps to 1.02% successful Q4 FY’25 from 0.77% successful Q4 FY’24. 

In a  abstracted move, PNB has waived punishment charges for non-maintenance of minimum mean equilibrium (MAB) connected each savings accounts, effective from July 1, 2025. This inaugural is peculiarly aimed astatine benefiting privilege sectors for illustration women, farmers, and low-income households by removing barriers to maintaining savings accounts.

Ashok Chandra, Managing Director and CEO of PNB, stated, "The waiver reflects nan banks committedness to inclusive banking and is expected to trim financial accent connected customers while encouraging broader information successful nan general banking system."

This measurement is portion of PNB's broader strategy to foster a much inclusive financial environment, which could perchance lead to accrued customer engagement and loyalty.

Published on: Jul 3, 2025 9:43 AM IST