Here’s a round-up of the PSU banks’ Q! business updates:
Bank of Baroda
Bank of Baroda’s said as of June 30, 2025, its global business grew 10.7% to ₹26.43 trillion from the previous year.Its global advances increased 12% to ₹12.07 lakh crore in the June quarter in comparison to the previous year, while its global deposits were up 9.1% at ₹14.36 lakh crore.
The bank also witnessed steady growth in its domestic operations, with domestic advances rising 12.5% to ₹9.91 lakh crore and domestic deposits increasing 8.1% to ₹12.04 lakh crore.
UCO Bank
UCO Bank reported a 13.7% increase in its total business for the June quarter at ₹5.24 lakh crore. It was up 2% sequentially.Its total advances stood at ₹2.25 lakh crore, up 16.6% from the previous year and 2.3% increase from the previous quarter.
UCO Bank’s domestic advances increased 19.8% from the previous fiscal and 2.6% sequentially to ₹2 lakh crore.Its total deposits were up 11.6% in the June quarter from the previous fiscal and 1.7% from the previous quarter at ₹2.99 lakh crore. Its domestic deposits of ₹2.8 lakh crore were up 9.8% annually and 1.5% sequentially.
Punjab & are bank
Punjab & Sind Bank (PSB) reported a 10.9% increase in its total business for the first quarter of FY26 at ₹2.31 lakh crore in comparison to ₹2.08 lakh crore in the previous year.
Its gross advances increased 13.9% to ₹99,946 crore in the first quarter compared to ₹87,738 crore in the year-ago period.
Its total deposits increased 8.8% to ₹1.31 lakh crore from ₹1.21 lakh crore in the previous fiscal.
The lender’s credit deposit ratio improved to 76.19% from 72.75% in the previous fiscal.
PSU Bank stocks
The Nifty PSU Bank index declined for the second day on Thursday, July 3, after gaining for six straight sessions.
Barring Indian Overseas Bank and Bank of Maharashtra, the remaining 10 stocks in the Nifty PSU Bank index declined between 0.08% to nearly 3.3%.
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