Punjab National Bank — Q1FY27 earnings call summary

Filed 24 July 2026 · Official transcript

Cost-to-income ratio improved to 50.31% from 55.31%; target ~47-48% by FY27 end
Q1 FY27 gross global business grew 10.2% Y-o-Y to INR29.98 lakh crores; advances up 12.7% Y-o-Y to INR12.73 lakh crores
MSME credit growth driven by digital cash flow lending; expected 25% growth in MSME segment
Treasury income expected INR900-1,000 crores per quarter; digital spend budget INR3,400 crores in FY27
Gross NPA guidance <2.5%, net NPA <0.3% for FY27; slippages ratio at 0.68% in Q1
FCNR deposits target USD2.5 billion; USD425 million mobilized with good traction
AI and quantum-safe encryption deployed for customer service and risk management
Core advances ex-IBPC grew 15.4% Y-o-Y; retail +17.5%, MSME +19.8%, agri priority +16.4%