PNB Q2 Profit Rises 14% YoY; Asset Quality Strengthens

Punjab National Bank reported a 14% YoY rise in Q2 FY26 net profit to ₹4,904 crore. Operating profit grew 5.5% to ₹7,227 crore, while GNPA ratio improved to 3.45% from 4.48%. Retail, agriculture, and MSME loans rose 8.8%, 13%, and 18.6% YoY, respectively, reflecting strong credit growth and improved asset quality.