Bank registered a Net Profit of Rs 16,630 Crore during FY’2025 with Y-o-Y growth of 101.7%. The Net Profit for Q4’FY25 is Rs 4,567 Crore as against Rs 3,010 Crore in Q4FY’24 with Y-o-Y growth of 51.7%.
Return on Assets (RoA) improved by 25 bps to 1.02% in Q4 FY’25 from 0.77% in Q4 FY’24. RoA improved Y-o-Y by 43 bps to 0.97% during FY’25 from 0.54% in FY’24.
Return on Equity (RoE) improved to 19.23% in Q4 FY’25 from 16.48% in Q4 FY’24. RoE improved to 19.33% during FY’25 from 11.66% in FY’24.
Net Interest Income for FY’25 was at Rs 42,782 Crore recording growth of 6.7% on YoY basis. NII increased to Rs 10,757 Crore in Q4 FY’25 from Rs 10,363 Crore in Q4 FY’24.
GNPA ratio improved by 178 bps on Y-o-Y basis to 3.95% as on March’25 from 5.73% as on March’24.
NNPA ratio improved by 33 bps on Y-o-Y basis to 0.40% as on March’25 from 0.73% as on March’24.
Provision Coverage Ratio (including TWO) improved by 143 bps on Y-o-Y basis to 96.82% as on March’25 from 95.39% as on March’24.
Provision Coverage Ratio (Excluding TWO) improved by 234 bps on Y-o-Y basis to 90.27% as on March’25 from 87.93% as on March’24.
Credit Cost improved by 60 bps on Y-o-Y basis to 0.21% in Q4 FY’25 from 0.81% in Q4 FY’24.
Global Business grew by 14.03% on Y-o-Y basis to Rs 26,83,260 Crore as on March’25 from Rs 23,53,038 Crore as on March’24.
Global Deposits registered a growth of 14.38% on Y-o-Y basis to Rs 15,66,623 Crore as on March’25 from Rs 13,69,713 Crore as on March’24.
Global Advances increased by 13.56% on Y-o-Y basis to Rs 11,16,637 Crore as on March’25 from Rs 9,83,325 Crore as on March’24.
RAM Advances grew by 15.89% on Y-o-Y basis to Rs 6,02,682 Crore as on March’25 from Rs 5,20,050 Crore as on March’24.
Business Performance in Key Parameters
Deposits
Savings Deposits increased to Rs4,98,429 Crore registering a Y-o-Y growth of 3.8%.
Current Deposits increased to Rs75,114 Crore registering a Y-o-Y growth of 4.0%.
CASA Deposits increased to Rs 5,73,543 Crore recording a Y-o-Y growth of 3.8%.
CASA Share of the bank stands at 37.95% as on March’25.
Total Term Deposit witnessed a growth of 21.5% on Y-o-Y basis to Rs 9,93,080 Crore as on March’25.
Advances
Total Retail credit increased by 16.5% Y-o-Y to Rs 2,59,363 Crore as on March’25.
The bank grew under Core Retail Advances recording a Y-o-Y growth of 18.2%. Within Core Retail Credit:
Housing Loan grew by 18.3% Y-o-Y to Rs 1,16,312 Crore.
Vehicle loan posted a growth of 25.5% Y-o-Y to reach Rs 26,056 Crore.
Agriculture Advances grew by 14.2% on Y-o-Y basis to Rs 1,80,625 Crore.
MSME Advances increased Y-o-Y by 16.8% to Rs 1,62,693 Crore.
Asset Quality
Gross Non-Performing Assets (GNPA) declined by Rs 12,261 Crore to Rs 44,082 Crore as on March’25 from Rs 56,343 Crore as on March’24.
Net Non-Performing Assets (NNPA) declined by ?2,508 Crore to Rs 4,291 Crore as on March’25 from Rs 6,799 Crore as on March’24.
Operating Profit for Q4 FY’25 was at Rs 6,776 Crore and Rs 26,831 Crore for FY’25 recording growth of 5.6 % and 7.6 %, respectively on YoY basis.
Total Income for Q4 FY’25 was at Rs 36,705 Crore and Rs 1,38,070 Crore for FY’25 recording growth of 13.4% and 14.8%, respectively on YoY basis.
Total Interest Income for Q4 FY’25 was at Rs 31,989 Crore and Rs 1,21,761 Crore for FY’25 recording growth of 13.8% and 13.9%, respectively on YoY basis.
Non-interest income for Q4 FY’25 was at Rs 4,716 Crore and Rs 16,309 Crore for FY’25 recording growth of 11.0% and 21.9%, respectively on YoY basis.
Global Net Interest Margin (NIM) stands at 2.81% for Q4 FY’25 and 2.93% for FY’25.
Total Interest Expenses for Q4 FY’25 was at Rs 21,232 Crore and Rs 78,979 Crore for FY’25, increased by 19.6% and 18.2%, respectively on YoY basis.
Operating Expenses for Q4 FY’25 was at Rs 8,697 Crore and Rs 32,261 Crore for FY’25, increased by 6.1% and 13.1%, respectively on YoY basis.
Capital Adequacy
CRAR remained at 17.01% as on March’25 against 15.97% as on March’24.
Tier-I Capital was at 14.05% (CET-1 remained at 12.33% as on March’25 against 11.04% as on March’24 and AT-1 remained at 1.72% as on March’25 against 2.13% as on March’24) and Tier-II at 2.96% as on March’25.
Efficiency/Productivity Ratio
Global Yield on Advances was at 8.36% in Q4FY’25 and 8.34% in FY’25 as compared to 8.44% in Q4FY’24 and 8.28% in FY’24.
Global Cost of Deposits increased YoY by 27 bps to 5.36% in Q4FY’25 and 32 bps to 5.23% for FY’25.
Global Yield on Investment improved YoY by 24 bps to 7.02% in Q4FY’25 and 21 bps to 6.99% for FY’25.
Business per employee improved to Rs 26.86 Crore as on March’25 from Rs 23.84 Crore as on March’24. Business per branch improved to Rs 253.55 Crore as on March’25 from Rs 225.25 Crore as on March’24.
Net profit per employee improved to Rs 19.25 lakh in Q4FY’25 from Rs 12.64 lakh in Q4FY’24. Net profit per branch improved to Rs 181.75 lakh in Q4FY’25 from Rs 119.44 lakh in Q4FY’24.
Priority Sector Achievement
Priority Sector Advances exceeded the National Goal of 40% and stands at 40.36% of ANBC.
Agriculture advances exceeded the National Goal of 18% and stands at 18.08% of ANBC.
Credit to Small & Marginal Farmers exceeded the National Goal of 10% and stands at 10.07% of ANBC.
Credit to Weaker Sections surpassed the National Goal of 12% and stands at 13.50% of ANBC
Credit to Micro Enterprises surpassed the National Goal of 7.50% and stands at 8.12% of ANBC.
Digital Progress and Initiatives
Number of Digital Transactions increased to 997 Crores for FY’2025 from 659 Crores as for FY’2024 registering a growth of 51% on Y-o-Y basis
Number of PNB One Activated users increased to 214 Lakhs as on 31.03.2025 from 174 Lakhs as on 31.03.2024 registering a growth of 23% on Y-o-Y basis.
Number of UPI Transactions through PNB One increased to 314 Lakhs for FY’2025 from 121 lakhs for FY’2024 registering a growth of 160% on YoY basis.
Number of WhatsApp Banking users increased to 61.6 Lakhs as on 31.03.2025 from 28.7 Lakhs as on 31.03.2024 registering a growth of 115% on Y-o-Y basis.
Number of PNB One Biz (Corporate M-Banking App with 150+ features) users as on 31.03.2025 is around 99K.
New Initiatives undertaken:
Opening of FD and applying Debit Card through WhatsApp Banking
Submission of 15 G/H Form through WhatsApp Banking
Digital NRI account opening
Bulk positive pay system upload through Corporate IBS
Subsidy of Carbon Credit of National Dairy Development Board given to women farmer beneficiaries by means of programmable CBDC into their Aadhar linked CBDC wallets.
Awards & Accolades
Under EASE 6.0, Overall First Runner Up - PNB winner in 2 themes
Tech and Data driven capability building
Digital and Analytics driven business improvement
CIMSME Banking Excellence Award for - Best Bank for implementing Government Schemes (Winner) & Best MSME Friendly Bank (Runner Up)
Prestigious Silver Shield for Excellence in Financial Reporting in the category of PSBs for the Year 2023-24 by ICAI
Data quality Award “PSU Best DQI-FY’25” in Consumer Segment from Credit Information Company TransUnion CIBIL (TU CIBIL)
'Institutional Excellence Award for Pioneering Initiatives for New Gen Workforce’ at the Industry-Academia Conference by People Labs.
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