Punjab & Sind Bank declares Financial Results of the Bank for the Quarter and Nine months ended 31.12.2018. Punjab & Sind Bank today announced financial results for the Quarter/Nine months ended 31.12.2018. The Net Profit for the quarter ended 31.12.2018 improved to Rs.22 crore against net loss of Rs.25 8 crore for the quarter ended 31.12.201 7. Gross Advances increased from Rs.64,273 crore as on 31.12.2017 to Rs.71,405 crore as on 31.12.2018 registering a growth of 11.10% (Yo Y). Total Business of the Bank increased from Rs.1,60,882 crore as on 31.12.2017 to Rs.1,71,157 crore as on 31.12.2018 registering a growth of6.39 % (Yo Y). Operating income of the Bank increased to Rs. 7083 crore as on 31.12.2018 from Rs.6408 crore (YoY). CASA improved from Rs.23,277 crore as on 31.12.2017 to Rs.24,429 crore as on 31.12.2018 registering an increase of 4.95% (YoY). Retail Lending of the Bank increased to Rs.15,634 crore as on 31.12.2018 from Rs.14,153 crore as on 31.12.2017 registering a growth of 10.46% (YoY). Provision Coverage Ratio (PCR) has improved to 60.03% as on 31.12.2018 as compared to 51.65% as on 31.12.2017 and 54.41% as on 31.03.2018.Capital Adequacy Ratio (Basel III) is 10.78% as on 31.12.2018 against 10.66% as on 30.09.2018 and 10.46% as on 30.06.2018. CET-I stood at 7.74% as on 31.12.2018 against 7.65% as on 30.09.2018. Yield on investment including Trading Profit has improved from 8.0% for quarter ended September’ 18 to 8.59% for quarter ended December’ 18.Gross NP As of the Bank stood at Rs. 7 ,991 crore (11.19%) as on 31.12.2018 and Net NPA for the quarter ended 31.12.2018 stood at Rs. 4,696 crore (6.90%). Net NPA ratio has improved from .20% as on 31.12.2017 to 6.90% as on 31.12.2018.