Punjab & Sind Bank Ltd. · NSE:PSB
Punjab & Sind Bank — Q3 FY2025-26 Earnings Presentation
56 slides from Punjab & Sind Bank's earnings presentation, January 2026
Slide 1: Financial Performance Q3 (FY 2025-26) Investment Analyst Presentation
Financial Performance Q3 (FY 2025-26) Investment Analyst Presentation
Slide 2: Table of Contents
Table of Contents Section 1 Key Highlights & Business Performance 3-14 Section 2 Key Financial Ratios 15-17 Section 3 Financial Performance & Balance Sheet 18-22 Section 4 Asset Quality 23-26 Section 5 COVID Resolution Framework 27 Section 6 Treasury Operations 28 Section 7 Capital Adequacy 29 Secti
Slide 3: Strong Business Growth Continues
1 Strong Business Growth Continues Total Business Total Deposits Gross Advances CASA Deposits Retail Term ₹ 249499 Crore ₹ 139202 Crore ₹ 110297 Crore ₹43187 Crore Deposits ₹ 63190 Crore Growth – 11.75% Growth – 9.27% Growth – 15.05% Growth – 8.78% Growth – 18.34% (YoY) (YoY) (YoY) (YoY) (YoY) 13920
Slide 4: Consistency in Operational Income
1 Consistency in Operational Income Operating Profit Net Profit (Q3) Net Interest Core Fee Income Non Interest (Q3) ₹ 336 Crore Income (Q3) (Q3) Income (Q3) ₹ 594 Crore ₹ 986 Crore ₹187 Crore ₹ 507 Crore Growth – 22.73% Growth – 19.15% Growth – 5.01% Growth – 28.97% Growth – 50.00% (YoY) (YoY) (YoY)
Slide 5: Asset Quality – Significant Improvement
1 Asset Quality – Significant Improvement Gross NPA (%) Net NPA (%) PCR PCR (Without Slippage Credit Cost (%) 2.60% 0.74% (With TWO) (%) TWO) (%) Ratio (%) 0.05% 92.23% 72.28% 0.16% 3.83 0.10 1.25 72.28 0.34 92.23 2.60 0.74 0.05 0.16 89.53 68.20 Dec'24 Dec'25 Dec'24 Dec'25 Dec'24 Dec'25 Dec'24 Dec'2
Slide 6: Other Key Performance Highlights – Driving Financial & Operational Improvement
1 Other Key Performance Highlights – Driving Financial & Operational Improvement RAM Advances Segmental Credit Strong Capital Cost to Income Return on ₹ 63368 Crore Growth (YoY) Adequacy Ratio reduced Assets (%) Growth – 21.94% CRAR (%) – 16.83% from 64.57% to ₹ 0.79 (Qtr) (YoY) Retail – 19.58% 60.8
Slide 7: Bank has been Growing at a Faster Rate in the Recent Years
1 Bank has been Growing at a Faster Rate in the Recent Years Business growth From FY 2017-18 to Business growth From FY 2021-22 to Business growth From Dec’22 to FY FY 2021-22 FY 2024-25 Dec’25 Business Advances Deposits All figures in Cr & Growth in CAGR +8.31% +8.33% +0.10% +12.27% +12.36% +0.23%
Slide 8: Overall Business Mix
1 Overall Business Mix Total Business (₹ Cr) Total Deposits (₹ Cr) Total Advances (₹ Cr) 2,49,499 1,39,202 2,41,272 1,35,706 1,10,297 1,05,566 2,29,379 1,29,774 99,605 1,27,397 95,870 2,23,267 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 In ₹ Cr Period Ended Va
Slide 9: Liability Franchise
1 Liability Franchise CASA(₹ Cr) Retail Term Deposits (₹ Cr) CASA & Retail Term Deposits(₹ Cr) 43,187 63,190 1,06,377 61,432 41,129 1,02,561 40,790 39,701 53,399 54,397 95,187 93,100 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 In ₹ Cr Period Ended Variation Pa
Slide 10: Diversified loan book
1 Diversified loan book RAM Share Dec-24 Mar-25 Sep-25 Dec-25 Retail Retail Retail Retail 22.22% 22.42% 21.57% 22.16% ₹ ₹ ₹ ₹ 1,05,566 Cr Agri, 1,10,297 Cr Agri, 95,870 Cr 99,605 Cr 14.06% 14.53% Agri Agri 13.45% 13.51% Corporate Corporate Corporate MSME MSME 45.80% MSME 42.55% Corporate MSME 44.16%
Slide 11: Retail Lending Portfolio
1 Retail Lending Portfolio Advances Mix (₹ Cr) Home Loan (₹ Cr) Period Ended Variation 13,337 13,507 Particulars 12,820 12,452 (in ₹ Cr) Dec’24 Mar’25 Sep’25 Dec’25 QoQ (%) YoY (%) Dec'24 Mar'25 Sep'25 Dec'25 Advances 95870 99605 105566 110297 4.48 15.05 Vehicle Loan (₹ Cr) 3,564 3,836 2,911 3,191 R
Slide 12: Advances Breakup of Major Industries / Sectors
1 Advances Breakup of Major Industries / Sectors In ₹ Cr Quarter Ended Sector Dec'24 Mar'25 Sep'25 Dec'25 % to Total % to Total % to Total % to Total Particulars (in ₹ Cr) Amount Amount Amount Amount Advances Advances Advances Advances Infrastructure 13481 14.06 14339 14.40 13388 12.68 13183 11.95 (
Slide 13: Rating Profile of NBFCs
1 Rating Profile of NBFCs In ₹ Cr Quarter Ended Dec'24 Mar'25 Sep’25 Dec’25 Particulars (in ₹ Cr) Amount % to Total Amount % to Total Amount % to Total Amount % to Total AAA rated 7762 53.05 7404 50.32 6395 41.59 6607 38.79 AA rated 6307 43.11 6717 45.65 7883 51.27 8733 51.27 A rated 552 3.77 542 3.
Slide 14: Credit Profile
1 Credit Profile Credit – External Rating Wise (Above Rs. 5 Cr.) In ₹ Cr Dec-24 Other Quarter Ended Unrated, 8.57% AAA Dec'24 Mar'25 Sep'25 Dec'25 19.49% Particulars (in ₹ Cr) Govt. % % % % Guar., Amount Amount Amount Amount 26.26% ₹ to Total to Total to Total to Total 54359 Cr AA BB & 22.38% AAA ra
Slide 15: Key Financial Ratios
2 Key Financial Ratios Operating Profit (₹ Cr) Net Profit (₹ Cr) 900 1639 703 1259 816 * 313 336 540 594 282 269 295 458 484 505 240 336 317 153 189 182 257 260 277 114 139 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Dec'24 Dec'25 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24
Slide 16: Key Financial Ratios
2 Key Financial Ratios Yield on Advances (In %) Yield on Investments (In %) Yield on Funds (In %) 7.97 9.14 7.03 7.60 6.97 8.87 6.89 7.34 7.43 6.80 7.24 8.63 * 8.62 6.75 7.14 8.49 6.66 8.39 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Dec'25 Dec'24 Mar'25 Sep'25 Dec'2
Slide 17: Key Financial Ratios
2 Key Financial Ratios Cost to Income Ratio (In %) Return on Asset (In %) Return on Equity (In %) 64.57 0.79 0.79 62.10 0.73 0.72 0.73 12.42 61.87 60.84 12.40 60.21 0.63 11.71 54.61 10.98 10.41 10.62 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Dec'25 Dec'24 Mar'25 Sep'25 Dec'25 Dec'24 Dec'25 Dec'24 Mar'25 Se
Slide 18: Operating & Net Profit
3 Operating & Net Profit In ₹ Cr Quarter Variation Nine Months Ended Variation Particulars (in ₹ Cr) Dec’24 Sep’25 Dec’25 QoQ% YoY% Dec’24 Dec’25 YoY% Interest Income 2931 2999 3042 1.43 3.79 8322 8952 7.57 Interest Expenses 1992 2049 2056 0.34 3.21 5660 6115 8.04 Net Interest Income 939 950 986 3.7
Slide 19: Total Income
3 Total Income In ₹ Cr Quarter Variation Nine Months Ended Variation Particulars (in ₹ Cr) Dec’24 Sep’25 Dec’25 QoQ% YoY% Dec’24 Dec’25 YoY% Interest on Advances 2104 2148 2198 2.33 4.47 5827 6403 9.89 Interest on Investments 801 836 828 (0.96) 3.37 2413 2482 2.86 Other Interest Income 26 15 16 6.67
Slide 20: Total Expenses
3 Total Expenses In ₹ Cr Quarter Variation Nine Months Ended Variation Particulars (in ₹ Cr) Dec’24 Sep’25 Dec’25 QoQ% YoY% Dec’24 Dec’25 YoY% Interest on Deposits 1850 1830 1834 0.22 (0.86) 5265 5451 3.53 Interest on Others 142 219 222 1.37 56.34 395 664 68.10 Total Interest Expenses (a) 1992 2049
Slide 21: Other Operating Expenses
3 Other Operating Expenses In ₹ Cr Quarter Variation Nine Months Ended Variation Particulars (in ₹ Cr) Dec’24 Sep’25 Dec’25 QoQ% YoY% Dec’24 Dec’25 YoY% Rent, Taxes & Lighting 35 40 41 2.50 17.14 106 117 10.38 Printing & Stationery 3 4 3 (25.00) 0.00 9 10 11.11 Advertisement & Publicity 3 6 5 (16.67
Slide 22: Balance Sheet
3 Balance Sheet In ₹ Cr As on Liabilities (in ₹ Cr) Dec’24 Mar’25 Sep’25 Dec’25 Capital 6778 7096 7096 7096 Reserve & Surplus 5007 6259 6538 6829 Deposits 127397 129774 135706 139202 Borrowings 12612 14229 12536 14394 Other Liabilities & Provision 2914 4457 3466 3213 Total 154708 161815 165342 17073
Slide 23: Asset Quality
4 Asset Quality In ₹ Cr Quarter Nine Months Ended S. No. Particulars (in ₹ Cr) Dec’24 Sep’25 Dec’25 Dec’24 Dec’25 1 Gross NPA Opening Balance 3835 3339 3082 4665 3370 2 Cash recoveries 275 111 134 516 355 Out of Above Cash recovery Income 3 134 32 30 237 85 Booked 4 Up gradations 164 138 65 236 187
Slide 24: Asset Quality
4 Asset Quality In ₹ Cr Sector Wise NPA (₹ Cr) Quarter Ended Fresh Slippages(Qtr) (₹ Cr) Dec'24 Sep'25 Dec’25 Particulars (₹ Cr) Ratio Ratio Ratio NNPA GNPA (%) GNPA (%) GNPA (%) (%) Retail (₹ Cr) Agri (₹ Cr) Retail 369 1.78 341 1.45 333 1.35 0.51% 35 39 Agri 1200 9.30 1216 8.20 1202 7.50 2.78% 24 M
Slide 25: Asset Quality
4 Asset Quality Gross NPA (In %) Provision Coverage Ratio with TWO (In %) 7.00 Gross NPA (₹ Cr) Gross NPA (%) 10,000 6.00 5.70 5.43 8,000 5.00 4.72 4.21 92.23 4.00 3.83 6,000 91.38 91.77 91.88 4,759 4,665 3.38 3.34 4,145 2.92 2.60 3.00 3,835 3,676 3,370 3,339 4,000 89.53 3,082 2,871 88.69 88.56 2.00
Slide 26: Asset Quality
4 Asset Quality Slippage Ratio (In %) Credit Cost (In %) 0.34 0.34 0.29 0.05 0.21 0.10 0.17 0.16 0.02 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 -0.03 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Fresh Slippage (₹ Cr) SMA1 and SMA2 (₹ Cr) (above Rs. 5 Crore) 299 615 623 # 268 569 491* 203 164 168 177 176 184 120 Dec'
Slide 27: COVID Resolution Framework
5 COVID Resolution Framework Resolution Framework 1 In ₹ Cr Out of which, position as on Restructuring Implemented Loan and aggregate exposure category 31.12.2025 No. of Account Outstanding No. of Account Outstanding Personal Loans 6250 556 2253 235 Other Exposures 419 1007 125 24 Total 6669 1563 23
Slide 28: Treasury Operations
6 Treasury Operations In ₹ Cr % to Total Particulars Dec’24 Mar’25 Sep’25 Dec’25 (Dec’25) GROSS INVESTMENTS 46881 47694 49313 49789 SLR INVESTMENTS 32910 33107 34437 34649 69.59 (i) HFT 3508 3838 2777 2649 5.32 (ii) AFS 7072 7687 8236 8898 17.87 (iii) HTM 22330 21582 23424 23102 46.40 NON-SLR INVEST
Slide 29: Capital Adequacy
7 Capital Adequacy In ₹ Cr Period Ended Regulatory Particulars Requirement Dec'24 Mar'25 Sep'25 Dec'25 (%) Amount % Amount % Amount % Amount % CET I (Including 8.00 9716 14.04 11790 15.59 11612 15.32 11640 15.28 CCB) AT - 1 Tier I (Including 9.50 9716 14.04 11790 15.59 11612 15.32 11640 15.28 CCB) T
Slide 30: Shareholding Pattern & Credit Rating
8 Shareholding Pattern & Credit Rating Shareholding Pattern Others As on LIC 4.82% Particulars 1.33% Dec’24 Mar’25 Sep’25 Dec’25 Share Capital (Rs. In Cr.) 6777.79 7095.59 7095.59 7095.59 Govt. of No. of Shares (Rs. In Cr.) 677.78 709.56 709.56 709.56 India 93.85% Net Worth (Rs. In Cr.) 9234.41 1094
Slide 31: Geographical Presence
9 Geographical Presence Northern Region Wise Classification 1623 965 76 68 Branches 39 111 1107 ATMs 364 North 965 2770 Eastern BCs 39 40 Eastern Western Central 76 364 111 Northern Central Eastern 383 North Eastern Western Southern Districts Covered Region wise Branches as on 31.12.2025 Semi Grand
Slide 32: To build a Wider, Stronger PSB Network
9 To build a Wider, Stronger PSB Network Gurdaspur Hoshiarpur Jalandhar Branch Expansion Moga Shimla Amritsar Ludhiana Panchkula 4 New Zones Opened Faridkot Chandigar Patiala in Apr'25 Bhatinda Delhi- I Chandigarh Dehradun h Delhi- II Noida Delhi Gurugram Bareilly Lucknow 4 New Zonal Offices Guwahat
Slide 33: Priority Sector Lending
9 Priority Sector Lending Mandated S. No. Particulars Dec’25 Targets 1 Priority Sector % to ANBC 40.00% 46.69% 2 Agriculture - PS % to ANBC 18.00% 19.46% 3 Small and Marginal Farmers (SMF) % to ANBC 10.00% 10.96% 4 Weaker Section % to ANBC 12.00% 12.19% 5 Micro Enterprises (PS) % to ANBC 7.50% 13.35
Slide 34: Financial Inclusion
10 Financial Inclusion PMJDY Accounts Opened Total No. of Accounts under Atal Pension Yojna (₹ Lacs) (₹ Lacs) MUDRA Scheme 1,71,629 28.27 8.46 1,34,382 6.38 25.92 Dec'24 Dec'25 Dec'24 Dec'25 Dec'24 Dec'25 Pradhan Mantri Jeevan Jyoti Pradhan Mantri Suraksha Bima Total amount of Balance O/s in Bima Yo
Slide 35: ESG Initiatives
10 ESG Initiatives • Climate Risk & Green Deposit Policy • Organized 15 training batches and • Well defined Board level Committee for Sustainability. trained 455 trainees in different RSETIs & Policies are in place for better • Mobilized funds under Green Earth during Q3 (2025-26). Control and Gover
Slide 36: PSB UniC - Features and Security Protocols at Par with the Industry
10 PSB UniC - Features and Security Protocols at Par with the Industry Security Features New Features in Acquisition Experience Acquisition of PSB UniC PSB UniC ~14 210+ 10L+ 1 Transaction limits 1 Bulk Positive Pay Services in submission 2 2-factor digital loan mobile app Downloads for journeys PSB
Slide 37: Digital Products
10 Digital Products Digital MSME Loans (Up to 1 Cr.) Digital Home Loans (Up to 2 cr.) It's SIMPLE PSB E Apna Ghar Loans Highlights Smart: seamless journey through QRcode/URL Seamless loans across 100% Integrated: all systems integrated for loan geographies, expanding reach Offers in <30 mins proce
Slide 38: Digital Growth Delivered and the Products that Enabled It
10 Digital Growth Delivered and the Products that Enabled It Recently Launched Digital Products DIGITAL ROOFTOP SOLAR DIGITAL COMMERCIAL VEHICLE LOAN Loan up to ₹ 2.00 lakh Loan up to ₹ 50 lakhs SMART INTEGRATION SMART INTEGRATION Udyam, CGTMSE, GST, CIC, Seamless journey through QR Jansamarth, CIC,
Slide 39: Preventing Customer Frauds: A Multi-layered Defense
10 Preventing Customer Frauds: A Multi-layered Defense Unified fraud controls: Automated risk management across all channels i4C Integration FRI / MNRL RBIH Mule Hunter EFRMS (GoI) (to be implemented shortly) Real-time transaction alerts Direct MHA–i4C/NCRP link AI/ML detects mule accounts, with IVR
Slide 40: Smart AI Chatbots for Improving Customer and Staff Experience
10 Smart AI Chatbots for Improving Customer and Staff Experience UniBot - For Customers R-Yabot – For Bank Staff Description AI assistant for customer's digital banking needs AI-powered internal knowledge assistant for staff Secure, real-time responses for routine Gives instant, context-aware re
Slide 41: Unified Contact Centre Platform
Unified Contact Centre Platform Enabling Efficient Customer Query 10 Handling and Service Support CRM Solution AI-powered Contact Center Single customer view for efficient service and improved customer experience Intent Recognition CRM Modules • Customer 360 • Tickets Module Speech Analytics • Lead
Slide 42: eTHIC: Digital Audit and Compliance Platform
10 eTHIC: Digital Audit and Compliance Platform One centralized, paperless platform for managing all audits across the Bank Features Benefits to bank Single audit platform Risk-based audits Stronger governance All audit types on one system Data-driven assessment over Faster audits manual samplin
Slide 43: Security Operations Centre (SOC): Protecting our Digital Ecosystem
10 Security Operations Centre (SOC): Protecting our Digital Ecosystem A 24×7 cyber security command centre that continuously monitors, detects, and responds to cyber threats across the Bank’s digital infrastructure Features of SOC Benefits to customers 24×7 threat monitoring Proactive threat detecti
Slide 44: CASA Back Office: Focus on KYC-AML Compliance
10 CASA Back Office: Focus on KYC-AML Compliance Initiative designed to enhance operational Savings accounts 1L+ opened since July efficiency and streamline CASA opening 25 processes within our bank Savings accounts opened using Tab 37K banking CA/ Non-Individual opening Digital customer onboarding
Slide 45: Centralized International Trade Finance (CITF) to Augment Forex Business
Centralized International Trade Finance (CITF) to Augment Forex 10 Business A centralized, digital trade finance platform where branch-initiated requests are processed by specialized teams through standardized, system-driven workflows Benefits to the customers Benefits to the Bank Faster turnaround
Slide 46: Future initiatives
10 Future initiatives Automated credit CRM-led lead Operating cost Responsible Enhanced digital & Data-driven appraisals generation management use of AI Mobile App features marketing • Automated • Lead mgmt. • Cost-map • Employee • Access and • MarTech stack credit appraisal across channels framewor
Slide 47: Strategic Collaborations Enabling Business Growth
10 Strategic Collaborations Enabling Business Growth Retail Partnerships Agri Ecosystem MSME & Startups Salary & institutional tie-ups Financing across agri value chain MSME & priority sector partnerships Auto & skill loan partnerships Farmers, Receipt–based financing Incubation & capabi
Slide 48: To Enable Data-Driven Performance Culture in the Bank
10 To Enable Data-Driven Performance Culture in the Bank Project Navjyoti (Phase I ) launched for employee-focused, digitally revamped processes 1 2 Target and Actual Role Clarity Tool Clear KRAs and expectations Collation Tool Digital consolidation of data 3 4 Target Setting Tool PMS Profiler/Score
Slide 49: Navjyoti (Phase II) to Engage and Invest in the Future Leaders of the Bank
Navjyoti (Phase II) to Engage and Invest in the Future Leaders of the 10 Bank Integrated set of tools to strengthen performance management & leadership development Objectives for the next 6 months: • To stabilize & embed Navjyoti 1 Grievance Management 2 Skill Assessment Tool adoption Portal Test ke
Slide 50: PSB Central Connect – Central Government Salary Account
11 PSB Central Connect – Central Government Salary Account Target segment: Central Government employees with stable, predictable salary inflows Zero balance : salary account with free digital payments Accident & life insurance cover : up to ₹180 lakh Minimum Balance Requirement: Nil Ho Circular No.
Slide 51: Liability Products
@) Liability Products Punja & Sind Bank BACHAT JO | OUR: J PSB SHIKSHAK UGAYE AAPKA KAL a SB SALARY ACCOUNT CONNECTING ACCOUNTS SAVING SMARTE PSB ROADWAYS GROWING TOGETHER PSB RAILCOACH ‘SB SALARY ACCOUNT SB SALARY ACCOUNT D Penciertveaa roan cereratin B1o00 419 #300 Sa
Slide 52: Asset Products
(11) Asset Products UNLOCK THE TRUE THE RIGHT WINGS TO TRANSFORM GST COMPLIANCE INTO Loonuptoe25 or Flexible ropaymentupto10 yoarst ) Finance uptoTWi.l property vel mpoweringontreproneure ‘every sop ofthe way. Your ausiness, Our Support Instant MSME Loans! AFFORDABLE LOANS FOR EMPOWERING piece I FIS
Slide 53: Collaborations
12 Collaborations Punjab & Sind Bank proudly reaffirms its Bank reaffirms the commitment to serve the unwavering commitment to support the Bank signed an MoU with HRTC, the state- FIRST LINE OF FORCE (BSF) by signing the "Guardians of the Sea," the Indian Coast run transport operator of Himachal Pra
Slide 54: Guidance
12 Guidance Parameters Actual as on Dec’25 Guidance for FY'26 Achievement Deposit Growth (YoY) 9.27% 8-10% Advances Growth (YoY) 15.05% 15-16% RAM % to Total Advances 57.45% >57% Gross NPA 2.60% <2.5% Net NPA 0.74% <0.75% PCR 92.23% 92-93% Recovery & Upgradation 1062 Crore > Rs.1000 Crore Credit Cos
Slide 55: Disclaimer
Disclaimer • The Bank may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. • Except for the historical information contained herein, statements in this release which contain words or phrases such a
Slide 56: THANK YOU
Loan in THANK YOU 3 Clicks Co-Branded Credit Card Enjoy our seamless Mobile Banking through Follow our Official Page: @PSBIndOfficial
Punjab & Sind Bank — Q3 FY2025-26 Earnings Presentation on 6ix