PNB January-March Global Advances Up 9.9% On Year; Deposits Rise Nearly 13%

Punjab National Bank’s global advances rose 9.9% on year to ₹11.31 trillion as of June 30, while domestic advances grew 9.7% to ₹10.80 trillion, the bank said in provisional figures filed with exchanges Wednesday.

Quarter-on-quarter, both global and domestic advances rose 1.3%. Global deposits rose 12.8% on year to ₹15.89 trillion, while domestic deposits grew 12.2% to ₹15.37 trillion.

Overall global business rose 11.6% on year to ₹27.19 trillion. Domestic business was up 11.1% to ₹26.17 trillion, with a 1.4% rise on a quarterly basis