Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The bank will soon start the process of appointing merchant banks and take opinions about market conditions, he said, adding the bank would take a call on raising funds through equity or bonds. As far as the capital adequacy ratio is concerned, the bank is well capitalised at 15.57 per cent and it c…

Punjab & Sind Bank aims at Rs 500 cr recovery from NPAs in Q4: MD

Punjab & Sind Bank reported 24.07% jump in net profit to Rs 373.24 crore on 9.94% increase in total income to Rs 2,245.07 crore in Q3 FY23 over Q3 FY22.

Punjab & Sind Bank PAT rises 24% YoY to Rs 373 cr in Q3

S K Saha, managing director and chief executive of the bank, said the lender is trying to create an image of a niche bank

Punjab & Sind Bank upgrades its FY23 guidance for NIMs, credit costs

The bank had posted a net profit of Rs 301 crore in the same quarter a year ago.

Punjab & Sind Bank Q3 profit up 24% to Rs 373 crore aided by growth in interest income

State-owned Punjab & Sind Bank on Saturday reported a 24 per cent jump in profit at Rs 373 crore for the quarter ended December 2022, aided by healthy growth in interest income and decline in bad loans.

Punjab & Sind Bank Q3 profit up 24% to Rs 373 cr on rising interest income

Total Operating Income rise 12.63% to Rs 2107.44 crore

Punjab & Sind Bank standalone net profit rises 24.07% in the December 2022 quarter

According to the report, the Punjab & Sind Bank had posted a returns of 118 per cent while the Jammu and Kashmir Bank gave 104.69 per cent

Indian banks gave highest returns in Asia Pacific region: S&P Global report

Punjab & Sind Bank becomes 25th Bank to partner Bajaj Allianz Life Insurance for distribution of the insurer’s products

Bajaj Allianz Life, Punjab & Sind Bank enter into strategic partnership

Bajaj Allianz Life Insurance, Punjab & Sind Bank to offer borrowers credit life protection

Bajaj Allianz Life, Punjab & Sind Bank in bancassurance tie-up

Punjab and Sind Bank is expected to cross Rs 2 lakh crore business milestone soon on the back of robust growth in loans, its managing director Swarup Kumar Saha has said.

Total business to cross Rs 2 trn milestone soon: Punjab & Sind Bank MD

Talking about new initiatives, Punjab & Sind Bank MD Swarup Kumar Saha said the bank has recently partnered with SBI Card to launch co-brand credit cards for its customers. Available in three variants -- PSB SBI Card ELITE, PSB SBI Card PRIME and PSB SimplySAVE SBI Card -- will have access to a wide…

Total business to cross Rs 2 lakh crore milestone soon: Punjab & Sind Bank MD

Punjab & Sind Bank provides Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.

Punjab & Sind Bank

Punjab & Sind Bank

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Punjab & Sind Bank aims at Rs 500 cr recovery from NPAs in Q4: MD

Punjab & Sind Bank PAT rises 24% YoY to Rs 373 cr in Q3

Punjab & Sind Bank upgrades its FY23 guidance for NIMs, credit costs

Punjab & Sind Bank Q3 profit up 24% to Rs 373 crore aided by growth in interest income

Punjab & Sind Bank Q3 profit up 24% to Rs 373 cr on rising interest income

Punjab & Sind Bank standalone net profit rises 24.07% in the December 2022 quarter

Indian banks gave highest returns in Asia Pacific region: S&P Global report

Bajaj Allianz Life, Punjab & Sind Bank enter into strategic partnership

Punjab & Sind Bank

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Punjab & Sind Bank aims at Rs 500 cr recovery from NPAs in Q4: MD

Punjab & Sind Bank PAT rises 24% YoY to Rs 373 cr in Q3

Punjab & Sind Bank upgrades its FY23 guidance for NIMs, credit costs

Punjab & Sind Bank Q3 profit up 24% to Rs 373 crore aided by growth in interest income

Punjab & Sind Bank Q3 profit up 24% to Rs 373 cr on rising interest income

Punjab & Sind Bank standalone net profit rises 24.07% in the December 2022 quarter

Indian banks gave highest returns in Asia Pacific region: S&P Global report

Bajaj Allianz Life, Punjab & Sind Bank enter into strategic partnership

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock