PNB shares in focus as advances rise 13% in Q1, global business nears Rs 30 lakh crore

Punjab National Bank released its Q1 FY27 business update showing global advances grew around 13% year-on-year to about Rs 13.5 lakh crore, while domestic advances rose 12% to Rs 12.06 lakh crore. Global deposits climbed 8.52% YoY to Rs 17.25 lakh crore, lifting overall global business to nearly Rs 30 lakh crore. The global credit-deposit ratio improved to 73.92% from 71.09% a year ago, though the bank noted these are provisional figures subject to audit.