Punjab National Bank announced global advances of Rs 12,61,420 crore as of March 31, 2026, an increase of nearly 13% year-on-year, while global deposits rose 9.3% to Rs 17,11,476 crore. The bank’s total global business stood at Rs 29,72,896 crore, reflecting an increase of 10.8%. Domestic advances rose 12.2% to Rs 11,95,811 crore and domestic deposits rose 9.2% to Rs 16,49,409 crore. The global credit deposit ratio reached 73.7% at the end of the quarter.Union Bank of India reported global advances of Rs 10,78,779 crore, representing a 9.8% year-on-year increase, while global deposits rose 2.7% to Rs 13,06,900 crore. Total global business stood at Rs 23,85,679 crore, an increase of 5.8%. Retail, agriculture and MSME sectors led the growth, with advances rising 12.6% to Rs 5,98,620 crore. Domestic CASA deposits rose 7.9% to Rs 4,59,988 crore, with CASA ratio improving to 35.2%.
reconnaissance
Which bank do you think showed the most impressive credit growth last quarter?
IDFC FIRST Bank reported loans and advances worth Rs 2,90,362 crore at the end of March, up 20% year-on-year, while customer deposits rose 17.2% to Rs 2,84,327 crore. The bank’s current and savings account ratio improved to 49.8% from 46.9% in the previous year. It said customer acquisition remained stable during March despite year-end tax outflows and lack of liquidity in the system. He said asset quality pressures in his microfinance portfolio have normalized, supporting further credit growth.