Punjab & Sind Bank Q2 FY25 results (Jul–Sep 2024) and concall

Punjab & Sind Bank delivered a strong Q2 FY25 performance characterized by robust NII growth and significant improvements in asset quality. The bank is successfully executing its strategic pivot toward the higher-yielding RAM segment, which now comprises over 53% of the loan book. While liability costs and CASA retention remain industry-wide challenges, management is focused on sustainable, profitable growth rather than aggressive volume expansion.