Bank's total business stood at Rs201914 as on 31.12.2023
FinTech BizNews Service
Mumbai, February 1, 2024: Punjab & Sind Bank on Wednesday announced its Financial Results for the Quarter Ended 31st December 2023.
Bank crossed Business of Rs2,00,000 Cr and total business stood at Rs201914 as on 31.12.2023. Net worth of Bank stood at 7454 Cr and registered Y-o-Y growth of 22.78%. Retail Term Deposit portfolio of the Bank grew by 8.98% on Y-o-Y basis and stood at Rs. 48255 Cr as on 31.12.2023. Bank has surpassed the targets in Priority Sector Advances & stood at 44.01% as on Dec’23 against the regulatory target of 40%.
Financial Performance improved (as on 31st December 2023) Q-o-Q on a number of Parameters.
