Sticky deposit costs may delay NIM recovery
Despite repricing of high-cost deposits, incremental deposit rates remain elevated, potentially capping NIM improvement.
medium · management_commentary
Punjab National Bank — Q4 FY26
Punjab National Bank delivered a strong Q4 FY26 with net profit of ₹5,225 crore (+14.4% YoY) and operating profit of ₹7,500 crore (+10.7% YoY).
bullish
high
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
ECL provisioning impact on profitability
Analyst raised concern about ECL implementation from April 2027; management downplayed but did not quantify run-rate impact.
medium · analyst_questionWest Asia geopolitical stress on MSME/export accounts
Analyst asked about impact of Iran-USA-Israel conflict; management said no stress seen yet but remains vigilant.
low · analyst_questionMTM losses on AFS book due to bond yield volatility
AFS reserves declined due to market fall on March 26; management noted recovery post-quarter but risk remains.
low · data_observation