Punjab & Sind Bank surges on reporting 7.37% rise in total deposits during Q4FY23

Punjab & Sind Bank | Bank - Public | BFSI | BSE: 533295 | NSE: PSB

06 Apr 2023 Evaluate

Punjab & Sind Bank is currently trading at Rs. 26.14, up by 0.10 points or 0.38% from its previous closing of Rs. 26.04 on the BSE.

The scrip opened at Rs. 26.06 and has touched a high and low of Rs. 26.79 and Rs. 25.57 respectively. So far 90492 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.65 on 15-Dec-2022 and a 52 week low of Rs. 12.50 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 27.00 and Rs. 25.01 respectively. The current market cap of the company is Rs. 17629.02 crore.

The promoters holding in the company stood at 98.25%, while Institutions and Non-Institutions held 0.68% and 1.07% respectively.

Punjab & Sind Bank’s total deposits grew 7.37% to around Rs 109668 crore as of March 31, 2023 (Q4FY23), as compared to Rs 102137 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 109497 crore as of December 2022.

Gross Advances stood at around Rs 81544 crore as of March 31, 2023, posting a 15.85% rise in year-on-year (YoY) terms against Rs 70387 crore as of March 31, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 77745 crore in December 2022. The CASA deposits were up 6.68% to around Rs 36834 crore as of March 31, 2023 against Rs 34528 crore YoY. CASA ratio reached 33.59% (Q4FY23) from 33.30% (Q3FY23).

Total Business stood at Rs 191212 crore (provisional) as of March 31, 2023, posting a 10.83% rise in year-on-year against Rs 172524 crore as of March 31, 2022.

Punjab & Sind Bank’s primary business is taking deposits, and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.

Punjab & Sind Bank Share Price

25.06 -1.01 (-3.87%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
SBI	1019.55
PNB	107.20
Canara Bank	134.35
Bank Of Baroda	264.05
Union Bank Of India	166.15
View more..

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