Shares of Punjab National Bank were trading 4% below its previous close on 5 October after the bank announced its quarterly report for the July-September quarter.

The public sector bank recorded 11.3% YoY growth in total business at Rs 22.5 lakh crore for the quarter under review.

The bank’s total deposits saw a 9.7% YoY increase at Rs 13.08 lakh crore, whereas the domestic deposits saw a 9.3% YoY growth at Rs 12.76 crore.

The Global gross advances of the bank increased by 13.8% YoY at Rs 9.4 lakh Rs, while the domestic advances increased by 13.9% YoY to Rs 9.08 lakh crore.

The CASA (current account savings account) deposits saw a 2.6% YoY growth at Rs 5.4 lakh crore in the quarter ending on 30 September against the Rs 5.2 lakh crore reported in the same quarter of the previous fiscal year.

In six months, the shares of Punjab National Bank have gained over 69.38% and 117.6% in the last one year.

At 2:40 pm, the shares of Punjab National Bank were trading at Rs 77.45 or 2.88% below its previous close.