The bank's total business stood at Rs 1,91,212 crore as on 31 March 2023, registering a growth of 10.83% from Rs 1,72,524 crore recorded in the same period last year.

Total deposits for the quarter ended 31 March 2023 was at Rs 1,09,668 crore, up 7.37% from Rs 1,02,137 crore as on 31 March 2022.

CASA deposits rose 6.68% year on year (YoY) to Rs 36,834 crore as on 31 March 2023. CASA ratio declined to 33.59% in the fourth quarter of FY23 as compared to 33.81% posted in Q4 FY22.

Credit-deposit (CD) ratio stood at 74.36% as on 31 March 2023 as against 68.91% reported in the corresponding quarter previous year.

Punjab & Sind Bank is a relatively small PSB, founded in 1908 in New Delhi. GoI's ownership stood at 98.25% as on 31 December 2022. The bank has 1528 number of branches, out of which 572 are rural, 278 semi-urban, 356 urban and 322 metro along with 803 ATMs.

The bank reported 24.07% jump in net profit to Rs 373.24 crore on 9.94% increase in total income to Rs 2,245.07 crore in Q3 FY23 over Q3 FY22.