Punjab National Bank (PNB) Investor presentation summary

Macroeconomic and sector context

• India projected to grow 7.0% in CY 2026, outpacing major economies amid global headwinds.

• Domestic demand supported by rural recovery, tax relief, and record auto sector performance.

• Exports rose 11.4% YoY in Q1 FY27; forex reserves at $707Bn as of August 2026.

• Banking sector credit growth at a 9-quarter high in June 2026, with stable asset quality.

• Key risks include global trade uncertainty, geopolitical tensions, crude volatility, and inflationary pressures.

Business performance and growth

• Global business reached $316.7Bn in June 2026, up 10.2% YoY; global advances grew 12.7% YoY to $134.5Bn.

• Net profit for Q1 FY27 was $555Mn, up 213.6% YoY; ROA at 1.04%.

• Gross NPA reduced to 2.78%, net NPA at 0.28%, and PCR at 97.23%.

• Domestic CASA share at 37% in June 2026; cost of deposits at 5.02%.

• Operating profit for Q1 FY27 was $794Mn, up 6.2% YoY.

Asset quality and capital adequacy

• Gross NPA ratio improved from 11.78% in Mar'22 to 2.78% in June'26.

• Net NPA ratio fell from 4.80% to 0.28% over the same period.

• PCR (incl. TWO) increased to 97.23% in June'26.

• CRAR at 18.13% and Tier 1 at 16.03% as of June 2026, indicating robust capital buffers.