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Note: These are AI-generated, educational summaries of public NSE
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Verify against the original filing and consult a SEBI-registered adviser before acting.
102 announcements match the current filters (relevance ≥ 5).
PNB Q3 FY26 Results: Net Profit Surges 129% YoY to ₹5,100 Crore; GNPA Improves to 3.19%
Punjab National Bank (PNB) reported a stellar performance for Q3 FY26, with standalone net profit jumping 129.4% year-on-year to ₹5,100.15 crore. The bank's asset quality continued its improving trend, with Gross NPA falling to 3.19% and Net NPA reaching a low of 0.32%. Total income grew to ₹37,253.08 crore, supported by healthy interest earnings and other income. The bank maintains a robust capital position with a Capital Adequacy Ratio of 16.12%.
Key Highlights
Standalone Net Profit increased by 129.4% YoY to ₹5,100.15 crore from ₹2,223.39 crore.
Gross NPA ratio improved significantly to 3.19% compared to 4.09% in the year-ago period.
Net NPA ratio declined to 0.32%, reflecting strong recovery and lower slippages.
Total Income for the quarter rose to ₹37,253.08 crore, up from ₹31,339.83 crore YoY.
Capital Adequacy Ratio (Basel III) remains healthy at 16.12% with a CET-1 ratio of 11.61%.
👀 What to Watch
Investors should take note of the significant turnaround in asset quality and the sharp growth in profitability, which strengthens the bank's valuation. The consistent reduction in Net NPA to 0.32% makes it one of the cleaner balance sheets among large PSU banks.
PNB Gilts Reports Q3 Net Profit of ₹53.9 Cr and Major Management Overhaul
PNB Gilts reported a significant turnaround in Q3 FY26, posting a net profit of ₹53.91 crore compared to a net loss of ₹10.11 crore in the same quarter last year. Total revenue from operations grew by 17.2% YoY to ₹424.67 crore, primarily driven by robust interest income. Alongside the results, the company announced a major management reshuffle, appointing a new CFO, CTO, CRO, and a dedicated Chief Compliance Officer, largely sourced from its parent bank, PNB. These changes are aimed at strengthening governance and control functions as per the latest RBI directions.
Key Highlights
Net profit for Q3 FY26 stood at ₹53.91 crore, recovering from a loss of ₹10.11 crore in Q3 FY25.
Total revenue from operations increased to ₹424.67 crore in Q3 FY26 from ₹362.36 crore YoY.
Ms. Kishkanda Garg appointed as the new Chief Financial Officer (CFO) for a three-year tenure.
Nine-month profit for the period ending Dec 31, 2025, rose to ₹168.62 crore from ₹158.01 crore YoY.
Management overhaul includes new heads for Risk, Technology, and Compliance to align with RBI Governance Directions 2025.
👀 What to Watch
The strong turnaround from loss to profit and the strengthening of the management team are positive signals for shareholders. Investors should maintain a watch on interest rate cycles as they significantly impact the company's primary dealer operations.
PNB Gilts Q3 FY26 Turnaround: Net Profit at ₹53.9 Cr; Major Management Overhaul Announced
PNB Gilts reported a significant turnaround in Q3 FY26, posting a net profit of ₹53.91 crore compared to a net loss of ₹10.11 crore in the same quarter last year. Revenue from operations grew 17.2% YoY to ₹424.67 crore, primarily driven by robust interest income. The company also announced a comprehensive management restructuring, appointing a new CFO, CTO, CRO, and a dedicated Chief Compliance Officer, largely sourced from its parent bank, Punjab National Bank. This move aligns with the latest RBI governance directions for NBFCs to strengthen internal controls.
Key Highlights
Net Profit of ₹53.91 crore in Q3 FY26 vs a loss of ₹10.11 crore in Q3 FY25.
Revenue from operations increased to ₹424.67 crore from ₹362.36 crore YoY.
Earnings Per Share (EPS) improved to ₹2.99 from a negative ₹0.56 YoY.
Appointment of Ms. Kishkanda Garg as CFO and Mr. Shailesh Saurabh as dedicated Chief Compliance Officer.
Nine-month profit for FY26 reached ₹168.62 crore, up from ₹158.01 crore in the previous year.
👀 What to Watch
The strong return to profitability and the strengthening of the leadership team are positive indicators for the stock. Investors should watch for continued stability in interest margins and the impact of new management on risk governance.
PNB Housing Finance Allots NCDs Worth Rs 375 Crore at 7.53% Coupon
PNB Housing Finance has successfully allotted 37,500 secured, rated, and taxable Non-Convertible Debentures (NCDs) on January 13, 2026. The issue raised a total of Rs 375 crore through a private placement on the NSE's Electronic Book Provider platform. These debentures carry a competitive coupon rate of 7.5343% per annum with a five-year tenure. This fundraise is part of the company's routine capital-raising activities to support its lending book and manage liquidity.
Key Highlights
Allotment of 37,500 NCDs with a face value of Rs 1,00,000 each, aggregating to Rs 375 crore
Fixed coupon rate of 7.5343% per annum with annual interest payment schedule
Instrument has a 5-year tenure with maturity set for January 13, 2031
Secured by an exclusive charge on specific book debts with a minimum asset cover of 1.0x
Default penalty clause includes an additional interest of 2% p.a. over the coupon rate
👀 What to Watch
Investors should monitor the company's ability to deploy these funds into high-yield housing loans to maintain margins. The successful fundraise at a sub-8% rate reflects stable credit confidence in the company.
PNB Q3 FY26 Provisional Figures: Global Business Grows 9.57% YoY to ₹28.93 Lakh Crore
Punjab National Bank (PNB) reported healthy provisional business figures for the quarter ended December 31, 2025. Global advances grew by 10.98% YoY to ₹12.32 lakh crore, significantly outperforming the 8.54% YoY growth in global deposits which reached ₹16.60 lakh crore. The bank's Global Credit-Deposit (CD) ratio improved to 74.21% from 72.33% in the previous quarter, indicating better asset utilization. Total global business reached ₹28.93 lakh crore, reflecting a steady 9.57% growth compared to the previous year.
Key Highlights
Global Business reached ₹28,92,630 crore, up 9.57% YoY and 3.80% QoQ.
Global Advances grew 10.98% YoY to ₹12,32,245 crore, showing strong credit demand.
Global Deposits stood at ₹16,60,385 crore, registering a growth of 8.54% YoY.
Global CD Ratio improved to 74.21% as of Dec 2025 compared to 72.33% in Sep 2025.
Domestic Advances crossed ₹11.67 lakh crore, marking a 10.15% YoY increase.
👀 What to Watch
The faster growth in advances compared to deposits is a positive sign for interest income, though investors should monitor the impact on Net Interest Margins (NIMs) in the full earnings report. The stock remains a key watch in the PSU banking sector given the improving credit-to-deposit ratio.
India Ratings Assigns 'IND AAA'/Stable to PNB Housing's INR 50 Billion Additional Bank Loans
India Ratings has assigned a top-tier 'IND AAA' rating with a Stable outlook to PNB Housing Finance's additional bank loans worth INR 50 billion. The agency also reaffirmed the 'IND AAA' rating for existing bank loans of INR 65 billion and NCDs worth INR 49.55 billion. This rating reflects the company's strong capital buffers, with a tangible net worth of INR 178.6 billion as of 1HFY26, and its strategic importance to Punjab National Bank. Profitability has shown consistent improvement, with Return on Assets (RoA) rising to 2.76% in 1HFY26 compared to 2.52% in FY25.
Key Highlights
Assigned 'IND AAA'/Stable rating to new bank loan facilities worth INR 50 billion
Affirmed 'IND AAA'/Stable rating for INR 65 billion in existing bank loans and INR 49.55 billion in NCDs
Gross NPAs improved significantly to 1.04% in 1HFY26 from 3.8% in FY23
Tangible net worth reached INR 178.6 billion with a stable leverage ratio of 3.6x
AUM grew to INR 839 billion as of September 2025 with a fully granularized retail-focused book
👀 What to Watch
The highest credit rating reaffirmation underscores PNB Housing's successful turnaround and strong liquidity position. Investors can remain confident in the company's debt-servicing capability and its shift towards a lower-risk retail lending model.
PNB Reports ₹2,434 Crore Fraud in SREI Group Accounts; 100% Provisioning Already Made
Punjab National Bank has officially reported borrowal fraud to the RBI concerning the erstwhile promoters of SREI Equipment Finance Ltd and SREI Infrastructure Finance Ltd. The total fraud amount reported stands at approximately ₹2,434 crore across both entities. Crucially, the bank has already made 100% provisioning for these accounts, meaning there is no additional impact on the current profit and loss statement. Additionally, these companies have already been resolved through the NCLT's Corporate Insolvency Resolution Process.
Key Highlights
Reported fraud of ₹1,240.94 crore in SREI Equipment Finance Ltd (SEFL).
Reported fraud of ₹1,193.06 crore in SREI Infrastructure Finance Ltd (SIFL).
Bank has already maintained 100% provisioning against the entire outstanding amount.
Both accounts have been successfully resolved under the Corporate Insolvency Resolution Process (CIRP) by Hon’ble NCLT.
👀 What to Watch
Investors should view this as a procedural regulatory disclosure with no fresh financial hit, as the bank is already fully provisioned. Focus should remain on the bank's overall asset quality and recovery trajectory.
PNB Housing Finance Receives Income Tax Demand of Rs 107.92 Crore
PNB Housing Finance has received an income tax demand order totaling Rs 107.92 crore for the assessment years 2019-20 and 2020-21. The demand stems from the disallowance of certain revenue expenses and deductions following a search conducted on a third party. The company has identified errors in the order, such as incorrect tax rates, and plans to file a rectification application. Importantly, these disallowances were already part of regular assessment proceedings and are currently under appeal at the Income Tax Appellate Tribunal (ITAT).
Key Highlights
Total tax demand of Rs 107.92 crore received for AY 2019-20 and AY 2020-21
Demand includes Rs 91.34 crore for AY 2020-21 and Rs 16.59 crore for AY 2019-20
Company to file rectification application u/s 154 citing inadvertent errors in the tax order
Disallowances were previously identified in regular assessments and are already being contested at ITAT Delhi
Management expects no material financial impact and is hopeful of a favorable outcome
👀 What to Watch
Investors should monitor the outcome of the rectification application and the ongoing ITAT appeal. As the demand relates to previously known disputes, it does not represent a new operational risk but remains a contingent liability.
Ajai Kumar Shukla Appointed as MD & CEO of PNB Housing Finance for 5-Year Term
PNB Housing Finance has officially appointed Mr. Ajai Kumar Shukla as its Managing Director and CEO for a five-year term starting December 18, 2025. Mr. Shukla is a seasoned industry veteran with over 30 years of experience in housing and mortgage lending, including a significant 16-year tenure at Tata Capital Housing Finance. His appointment follows the receipt of all necessary regulatory approvals and is aimed at steering the company through its next growth phase. Investors should note his extensive background in risk management, digital transformation, and affordable housing finance.
Key Highlights
Mr. Ajai Kumar Shukla assumes charge as MD & CEO for a 5-year tenure effective December 18, 2025.
Brings over 30 years of domain expertise from Tata Capital Housing Finance, ICICI Bank, and LIC Housing Finance.
Spent 16 years at Tata Capital Housing Finance in senior leadership roles across credit, risk, and business growth.
The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board.
Focus areas under new leadership include operational excellence, digital transformation, and inclusive growth.
👀 What to Watch
The appointment of an industry veteran provides leadership stability; investors should monitor the company's execution strategy and asset quality improvements under the new CEO.
PNB Basel III bonds reaffirmed at BWR AA+/Stable
Brickwork Ratings reaffirmed Punjab National Bank's (PNB) long-term ratings for its Basel III Additional Tier 1 Bonds at BWR AA+/Stable. This applies to outstanding bonds of ₹495 Crs and proposed bonds of ₹2,505 Crs. The reaffirmation reflects PNB's improved asset quality, reduced slippages, comfortable capitalization, and strong liquidity. The rating also considers the Government of India's (GoI) majority ownership (70.08% as of 30 Sep 2025) and expected support.
Key Highlights
Gross NPAs declined from ₹47,582 crore in Sep 2024 to ₹40,343 crore in Sep 2025.
GNPA ratios improved from 4.48% in Sep 2024 to 3.45% in Sep 2025.
The Bank’s capital to risk weighted assets ratio (CRAR) improved to 17.19% as on September 30, 2025.
Deposit base grew by 10.90% YoY to ₹16.17 lakh Crs as of 30 Sep 2025.
Net NPA ratios improved from 0.46% at the end of Sep 2024 to 0.36% at the end of Sep 2025.
👀 What to Watch
The reaffirmed rating indicates stability. Investors should monitor PNB's asset quality and profitability in the coming quarters.
CRISIL Reaffirms PNB’s AAA and AA+ Ratings; Asset Quality Improves to 3.4% GNPA
CRISIL Ratings has reaffirmed its top-tier ratings for Punjab National Bank (PNB), maintaining 'AAA/Stable' for Tier II and Infrastructure bonds and 'AA+/Stable' for Tier I bonds. The bank's asset quality continues its upward trajectory, with Gross NPA improving to 3.4% and Net NPA to 0.4% as of September 2025. Capitalization remains adequate with a total Capital Adequacy Ratio (CAR) of 17.19%, bolstered by a ₹5,000 crore QIP in September 2024. Despite a slight moderation in RoA to 0.7% in H1 FY26 due to tax adjustments, the bank's massive deposit base of ₹16.17 lakh crore underscores its strong market position.
Key Highlights
CRISIL reaffirmed 'AAA/Stable' for Tier II/Infrastructure bonds and 'AA+/Stable' for Tier I bonds.
Gross NPA improved significantly to 3.4% in Sept 2025 from 3.9% in March 2025 and 5.7% in March 2024.
Capital Adequacy Ratio (CAR) stands at a healthy 17.19% with Tier I at 14.41%.
PNB maintains its position as the 3rd largest PSB with gross advances of ₹11.69 lakh crore.
Provision coverage remains high at 90.0% (excluding technical write-offs), resulting in a low Net NPA of 0.4%.
👀 What to Watch
Investors should take confidence in the rating reaffirmation and the steady improvement in asset quality metrics. The bank's strong capital buffer and systemic importance as a major PSB provide a margin of safety for long-term portfolios.
PNB Housing appoints Ajai Kumar Shukla as MD & CEO effective Dec 18, 2025
PNB Housing Finance Limited announced the appointment of Mr. Ajai Kumar Shukla as the Managing Director & CEO, effective December 18, 2025, for a term of 5 years, subject to shareholder approval. Mr. Shukla, aged 52, brings over 30 years of experience in the housing and mortgage lending sector. He is currently the Chief Business Officer at TATA Capital Housing Finance Limited. The appointment was approved by the Board of Directors on December 12, 2025, following the recommendation of the Nomination and Remuneration Committee and regulatory approvals.
Key Highlights
Ajai Kumar Shukla appointed as MD & CEO w.e.f. December 18, 2025
Appointment is for a period of 5 years
Ajai Kumar Shukla is 52 years old
He has over 30 years of experience in Housing and Mortgage Lending business
👀 What to Watch
Investors should monitor Mr. Shukla's strategic initiatives and their impact on PNB Housing Finance's performance after his appointment on December 18, 2025. Keep an eye on shareholder voting outcomes related to his appointment.
PNB Housing Appoints Ajai Kumar Shukla as MD & CEO for 5-Year Term
PNB Housing Finance has appointed Mr. Ajai Kumar Shukla as its new Managing Director and CEO for a five-year term starting December 18, 2025. Mr. Shukla brings over 30 years of extensive experience in the housing and mortgage lending sector, having held senior leadership roles at Tata Capital Housing Finance, ICICI Bank, and LIC Housing Finance. Most recently, he served as the Chief Business Officer at Tata Capital Housing Finance, where he also managed credit, risk, and digital transformation. Additionally, the company designated Mr. Vipin Malhotra as the Internal Auditor effective November 30, 2025.
Key Highlights
Mr. Ajai Kumar Shukla appointed as MD & CEO for a 5-year term effective December 18, 2025.
The appointee has 30+ years of experience in mortgage lending, including 16 years at Tata Capital Housing Finance.
Mr. Shukla previously served as Chief Business Officer and headed Credit, Risk, and Digital Transformation at Tata Capital.
Mr. Vipin Malhotra designated as Internal Auditor of the company effective November 30, 2025.
👀 What to Watch
Investors should monitor the transition and look for any strategic shifts or growth targets the new CEO might outline; the appointment of an industry veteran is a positive signal for long-term growth.
India Ratings Affirms PNB's 'IND AAA' Rating with Stable Outlook; CET-1 Rises to 12.75%
India Ratings has reaffirmed PNB's 'IND AAA' rating with a stable outlook, reflecting its systemic importance as India's second-largest public sector bank. The bank's capital position has improved, with the CET-1 ratio reaching 12.75% in 2QFY26 and a Capital Adequacy Ratio of 17.19%. Asset quality shows significant recovery, with Net NPA declining to 0.36% and a robust Provision Coverage Ratio of 90.02%. Management aims for a Return on Assets (RoA) exceeding 1% in the medium term, supported by declining credit costs.
Key Highlights
Affirmed 'IND AAA/Stable' for Long-Term Issuer Rating and 'IND A1+' for Certificates of Deposit
Capital Adequacy Ratio (CAR) stood at 17.19% in 2QFY26, well above regulatory requirements
Net NPA improved to 0.36% in 2QFY26 from 0.40% in FY25, with PCR at 90.02%
Standalone PAT for FY25 grew 101.7% YoY to INR 166.3 billion, driven by lower provisions
Maintains a dominant market position with 10,228 branches and a 6.9% share in total deposits
👀 What to Watch
The rating affirmation confirms PNB's improving financial health and strong government backing. Long-term investors can remain positive as the bank transitions toward higher profitability and cleaner asset quality.
PNB Credit Ratings Reaffirmed by CARE; Some Ratings Withdrawn
CARE Ratings reaffirmed the 'CARE AAA; Stable' rating for PNB's Infrastructure Bonds and Tier-II Bonds, and 'CARE AA+; Stable' for Basel III Tier I Bonds. The 'CARE A1+' rating for Certificate of Deposit was also reaffirmed. Certain ratings were withdrawn, including 'CARE AAA; Stable' for specific Tier-II Bonds (ISIN: INE141A08035) and Infrastructure Bonds (ISIN: INE160A08068 and INE160A08084) due to redemption. The bank's CAR stood at 17.19% with CET-I ratio of 12.75% as on September 30, 2025. Investors should note the potential impact of the PONV trigger on Tier-II bonds under Basel III.
Key Highlights
Infrastructure bonds worth ₹2,200.00 crore reaffirmed at CARE AAA; Stable
Tier-I bonds worth ₹79.50 crore reaffirmed at CARE AA+; Stable
Certificate of Deposit worth ₹60,000.00 crore reaffirmed at CARE A1+
Tier-II bonds worth ₹2,200.00 crore reaffirmed at CARE AAA; Stable
CAR at 17.19% with CET-I ratio of 12.75% as on September 30, 2025
👀 What to Watch
Existing investors can remain invested, considering the stable outlook and reaffirmed ratings; however, they should be aware of the PONV trigger for Basel III Tier-II bonds. Monitor PNB's asset quality and profitability trends.
PNB: ₹15.37 Crore Penalty by Appellate Tribunal under SAFEMA
Punjab National Bank (PNB) has disclosed a penalty of ₹15.37 crore imposed by the Appellate Tribunal under SAFEMA. The penalty relates to an FIU-IND order dated 29.07.2019, with the Appellate Tribunal order dated 13.11.2025. The penalty arises from non-compliances observed during the review period from 01.04.2016 to 30.11.2017. PNB states that it has already made full provision for the amount and does not expect a material impact on its financial position or operations.
Key Highlights
Penalty of ₹15.37 crore imposed by Appellate Tribunal under SAFEMA
FIU-IND order dated 29.07.2019 is the basis for the penalty
Review period for non-compliance: 01.04.2016 to 30.11.2017
Appeal No. FPA-PMLA-3175/DLI/2019 filed by PNB against the order
👀 What to Watch
Investors should monitor PNB's appeal process against the order. While the bank has provided for the penalty, further adverse rulings could impact investor sentiment.
PNB faces ₹15.37 Crore penalty from Appellate Tribunal under SAFEMA
Punjab National Bank (PNB) has been penalized ₹15.37 crore by the Appellate Tribunal under SAFEMA. The penalty stems from an FIU-IND order dated 29.07.2019, related to non-compliances observed during the review period from 01.04.2016 to 30.11.2017. PNB had filed an appeal against the original order by the Financial Intelligence Unit- India (FIU) under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA). The bank states that corrective steps and checks have been implemented to prevent future non-compliances and that there is no material impact on the bank's financial position or operations.
Key Highlights
Penalty of ₹15.37 crore imposed by Appellate Tribunal under SAFEMA.
FIU-IND order dated 29.07.2019 is the basis for the penalty.
Review period for non-compliance: 01.04.2016 to 30.11.2017.
Appeal No. FPA-PMLA-3175/DLI/2019 filed by PNB against the FIU order.
👀 What to Watch
Investors should monitor PNB's future regulatory filings for updates on compliance and potential financial impacts. While the bank claims no material impact, further penalties could affect investor sentiment.
PNB Faces Rs 15.38 Crore Penalty from Appellate Tribunal for PMLA Violations
Punjab National Bank (PNB) has been ordered to pay a monetary penalty of Rs 15.375 crore by the Appellate Tribunal under SAFEMA. The penalty is related to violations of the Prevention of Money Laundering Act (PMLA) identified by the Financial Intelligence Unit-India (FIU) for the period between April 2016 and November 2017. PNB stated that it has already implemented corrective measures and system checks to prevent such non-compliances in the future. The bank maintains that this penalty will not have a material impact on its overall financial position or daily operations.
Key Highlights
Monetary penalty of Rs 15,37,50,000 (Rs 15.38 crore) imposed by the Appellate Tribunal.
Penalty pertains to violations under Section 13 of the Prevention of Money Laundering Act (PMLA).
The non-compliance occurred during a historical review period from April 1, 2016, to November 30, 2017.
Bank confirms that corrective steps and system-wide checks and balances are already in place.
PNB reports no material impact on financial position or operational activities due to this order.
👀 What to Watch
Investors should view this as a minor regulatory setback involving historical lapses; the financial impact is negligible given the bank's size. Monitor for any further systemic compliance issues that could indicate broader governance risks.
PNB Ratings Reaffirmed by ICRA; Some Ratings Withdrawn
ICRA reaffirmed Punjab National Bank's (PNB) ratings on various debt instruments. The ratings factor in PNB's sovereign ownership and strong deposit franchise. ICRA reaffirmed the ICRA AAA/Stable rating for fixed deposits and ICRA A1+ for certificates of deposit. Ratings on infrastructure bonds worth ₹1,800 crore and Basel III Tier II bonds worth ₹1,000 crore were withdrawn following their redemption. Investors should note PNB's improving asset quality and profitability, but also monitor the impact of the ECL framework.
Key Highlights
ICRA reaffirmed ICRA AA+/Stable rating for Basel III Tier I bonds worth ₹7,000 crore.
ICRA reaffirmed ICRA AAA/Stable rating for Infrastructure bonds worth ₹1,200 crore.
Gross NPA declined to 3.45% as on September 30, 2025 from 4.48% as on September 30, 2024.
PCR remained at 90% (excluding written-off accounts) as on September 30, 2025.
The bank’s overall deposit base grew by 10.9% YoY to ₹16.17 lakh crore as on September 30, 2025.
👀 What to Watch
Existing investors can hold their positions, monitoring PNB's asset quality and profitability trends. New investors should consider PNB's strong fundamentals and improving financial metrics, but also be aware of potential risks from evolving asset quality in the retail and MSME sectors.
ICRA Reaffirms PNB's AAA Rating; Asset Quality Improves with NNPA at 0.36%
ICRA has reaffirmed Punjab National Bank's (PNB) long-term ratings at 'AAA' with a stable outlook, reflecting its strong sovereign ownership and systemic importance as India's third-largest public sector bank. The bank's asset quality has shown significant improvement, with Gross NPA declining to 3.45% and Net NPA to 0.36% as of September 2025. Capitalization remains comfortable with a CET-I ratio of 12.75%, bolstered by a recent Rs. 5,000 crore QIP. While profitability saw a temporary dip due to a one-time deferred tax asset reversal, the bank's robust deposit franchise and high provision coverage of 90% provide a strong buffer.
Key Highlights
ICRA reaffirmed [ICRA]AAA (Stable) for Infrastructure Bonds and [ICRA]AA+ (Stable) for Tier I Bonds.
Gross NPA improved to 3.45% and Net NPA to 0.36% as of Sept 30, 2025, with a 90% provision coverage ratio.
Capital adequacy strengthened with CET-I at 12.75% and Tier-I at 14.41% following a Rs. 5,000 crore QIP in FY2025.
The bank maintains a strong liquidity profile with a Liquidity Coverage Ratio (LCR) of 142% and a CASA ratio of 36.06%.
Government of India continues to be the majority shareholder with a 70.08% stake as of September 2025.
👀 What to Watch
Investors should view the rating reaffirmation as a sign of PNB's stabilizing balance sheet and reduced credit risk. The bank's improving solvency and strong deposit base make it a solid pick among public sector banks, though monitoring the impact of the upcoming ECL framework is advised.
