Punjab National Bank — Q2FY27 earnings call summary

Filed 23 October 2026 · Official transcript

Credit cost guidance 0.25%-0.30% with ECL impact factored; strong recovery pipeline
Management confident of sustaining profitability and asset quality improvement in FY27
Q2 FY27: Gross business 31.18 lakh cr (+11.9% y-y); Advances 13.41 lakh cr (+14.7% y-y)
Corporate credit sanctions 2.5 lakh cr in H1 FY27; pipeline 1.58 lakh cr
Fee income +16% y-y; growth focus on retail, agri, MSME; capex on technology and branch expansion
Domestic NIM improved 10 bps q-o-q to 2.74%; NII grew 10.8% y-y to 11,601 cr
Net profit 5,532 cr (+12.8% y-y); Return on assets 1.05%, Return on equity 17.32%
Asset quality improved: Gross NPA 2.55%, Net NPA 0.25%, PCR 97.32%