India's Punjab & Sind Bank gains after quarterly deposits rise

Punjab & Sind Bank

02/01/2026 04:14

** Shares of Punjab & Sind Bank PUNA.NS rise 3.5% to 28.9 rupees, their biggest intraday pct-gain in more than 2 months

** PUNA is biggest pct-gainer on the Nifty PSU bank index .NIFTYPSU, which is up 0.64%

** Lender's provisional total deposits for quarter-ended December 31 rises 9.3% Y/Y; gross advances up 15.25%

** Stock lost 42% value last year vs 30.5% climb in PSU bank index

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))