Punjab & Sind Bank News

Nifty PSU Bank index at new high; up 27% in 3 months; what's driving PSBs?

Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.

PSU Bank index zooms 24% since Sep; Bank of Baroda, Canara near record high

Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.

SBI, BoB, PNB among 5 PSU Bank stocks that can rally up to 17%; say charts

PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.

Nifty PSU Bank index hits new high, rallies 20% in 2 months; here's why

State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.

Punjab & Sind Bank Q2 results: Net profit rises 23% to ₹295 crore

The board in its meeting on Thursday also approved raising funds of ₹3,000 crore in the form of long-term infrastructure bonds in one or more tranches by March 2027

Buy, sell, hold? Trading strategy in PSU bank stocks amid stake sale buzz?

Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.

Overbought or oversold? 5 PSU bank stocks on technical charts

Shares of PSU banks have rallied up to 24% thus far in FY26; here's what technical charts suggest for Bank of India, Indian Bank, Bank of Baroda, PSB and Central Bank of India.

Punjab & Sind Bank Q1FY26 results: PAT up 48% to ₹269 cr on better asset

State-owned Punjab & Sind Bank on Saturday reported a 48 per cent jump in net profit to Rs 269 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The lender had earned a net profit of Rs 182 crore in the same quarter of the previous fiscal year. The total income rose to Rs 3,379 crore during the June 2025 quarter from Rs 2,846 crore in the same quarter of FY25, Punjab & Sind Bank said in a regulatory filing. Interest earned by the bank improved to Rs 2,911 crore compared to Rs 2,652 crore in the June quarter of FY25. During the period, the operating profit of the bank increased to Rs 540 crore compared to Rs 317 crore a year ago. The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.34 per cent of gross advances at the end of the June quarter from 4.72 per cent a year ago. Its gross advance increased by 14 per cent to Rs 99,950 crore from Rs 87,738 crore at the end of ...

Over 20 NPAs with ₹500 crore outstanding on sale by Punjab & Sind Bank, IoB

Punjab & Sind Bank and Indian Overseas Bank have put up over 20 non-performing accounts (NPAs) for sale, with a total principal outstanding of ₹500 crore, via a Swiss challenge auction