Punjab National Bank H1 FY27 provisional business update

The bank reported provisional H1 FY27 figures with global business up 11.95% YoY to ₹31.20 lakh crore, global advances up 14.80% YoY to ₹13.43 lakh crore, and global deposits up 9.90% YoY to ₹17.77 lakh crore, pushing the credit‑deposit ratio to 75.56%; domestic advances rose 12.59% YoY to ₹12.59 lakh crore, indicating continued credit momentum even as deposit growth lagged. Separately, PNB disclosed that SEBI’s Investigations Department issued an administrative warning (letter dated September 30) over alleged violations of insider‑trading regulations involving three designated persons and their immediate relatives (six individuals in total) who traded in PNB shares around June–August 2024; the bank clarified that no monetary penalty was imposed on PNB and that it would take necessary steps to address SEBI’s concerns. On the pricing front, PNB raised its RLLR by 25 bps to 8.35% from 8.10%, effective October 8, 2026, in line with the recent RBI repo‑rate hike.