Punjab National Bank

Punjab National Bank (PNB) posted a robust 14% rise in its net profit for the second quarter, underpinned by a surge in business activity and a steady improvement in asset quality. The lender demonstrated resilience amid a challenging macroeconomic backdrop, driven by enhanced credit growth and disciplined risk management. Deposits and advances expanded steadily, contributing to a healthy interest income, while non-performing assets (NPAs) continued to decline, signaling stronger financial stability.

India’s public sector banks (PSBs) delivered an impressive performance in the first quarter of FY26, posting a record combined net profit of Rs. 44,218 crore—an 11 percent year-on-year increase. The State Bank of India spearheaded the sector’s gains, supported by treasury income and robust retail lending, while Indian Overseas Bank and Punjab & Sind Bank reported exceptional profit growth. However, Punjab National Bank’s sharp decline underscored uneven performance across institutions.

Marking its 131st anniversary, Punjab National Bank (PNB) has unveiled 34 new products aimed at accelerating its digital transformation and deepening its customer engagement. Among these, 12 innovative deposit schemes cater to diverse demographic segments, while 10 new digital products promise to enhance service delivery, security, and user experience. As part of its commitment to cybersecurity and financial inclusion, PNB has also launched awareness campaigns and tech-driven feedback tools.