�.�.1'. ('llffi! ffi'qiR ili1 iJQJlill/A Govt. of India Undertaking)

�.cf>T. "Rm � "Rm -qftan �

"� q;af" � �. -i;r� �,

21, � �- � �-110008H.O. Account & Audit Department "SHARES CELL" Bank House, 1st Floor 21, Rajendra Place, New Delhi-110008

Phone : 011-25782926, 25812922, 25817353, 25728930, Telefax : 25781639, 15728919, Email : complianceofficer@psb.co.in

ffl/Ref. No.

�/Dated: ..........................

Ref:PSB/HO/Shares Cell/

/2021-22

November 01, 2021

To,

Bombay Stock Exchange Limited,

National Stock Exchange of India Ltd.,

Der,artment of Corporate Services,

Exchange Plaza, C - 1, Block - G,

25t , floor, Phiroze Jeejeebhoy Towers,

Bandra Kurla Complex, Sandra (East),

Dalal Street, Fort, Mumbai - 400 00 l.

Mumbai - 400 051.

SCRIP CODE :

533295

SYMBOL: PSB

SERIES: EQ

Dear Sir,

Reg: Punjab & Sind Bank - Board Meeting dated 01.11.2021:

Reporting pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform that the Board of Directors of Punjab & Sind Bank at its meeting held on 01.11.2021, resolved and approved the Unaudited, Reviewed Financial Results for the Quarter (Q2) I Half Year ended September 30, 2021.

We are forwarding a copy of Reviewed Un-audited Financial Results, Segment Reporting and Limited Review Report by Auditors. The same can also be viewed on the website of the Bank i.e. https://punjabandsindbank.co.in/

Deviation/Variation in Utilization of Funds Raised for the Quarter ended 30.09.2021 is NIL and the same is enclosed herewith.

The meeting of the Board of Directors commenced at 11.30 AM and concluded at O1.30 PM.

You arc requested to take a note of the above, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information may kindly be uploaded on your website.

Yours faithfully,

,��':.t:.,:l

Company Secretary

�

PUNJAB & SIND BANK

Head Office 21, Rajendra Place, New Delhi 11O 008

Reviewed Financial Results for the Quarter/Half year ended 30th September, 2021

,--·-·--·

(Rupees in lacs)

QUARTER ENDED

HALF YEAR ENDED

YEAR

SI.

Particulars

30.09.2021

30.06.2021

30.09.2020

30.09.2021

30.09.2020

ENDED

No.

31.03.2021

Reviewed

Reviewed

Reviewed

Reviewed

Reviewed

Audited

I

1

INTEREST EARNED {a+b+c+d)

174092

169042

180012

343134

360014

697391

..ill.Interest/ discount on advances/bills

115071

116742

126499

231813

253304

486545

_Q)_Income on Investments

52822

47647

48793

100469

96466

187367

-��erest on Balances with RBI & Other Inter Bank Funds

2930

1954

1606

4884

4254

11406

di Others

3269

2699

3114

5968

5990

12073

2

Other Income

20420

21378

17466

41798

32176

77859

3

T(JTAL INCOME {1+2)

194512

190420

197478

384932

392190

775250

4

Interest Expended

112380

111141

118669

223521

244949

471200

5

Operatinq Expenses (i)+(ii)

57251

51731

58107

108982

104675

239350

i) Employees Cost

36612

33801

41684

70413

73636

168807

ii) Other Operatinq Expenses

20639

17930

16423

38569

31039

70543

6

TOTAL EXPENDITURE (4+5) (excluding Provisions &

169631

162872

176776

332503

349624

710550

Continqencies)

7

Operating Profit before Provisions & Continqencies (3-6)

24881

27548

20702

52429

42566

64700

8

Provisions (other than tax) and Continqencies

15078

-5811

83941

9267

121470

405123

Of Which Provisions for Non Performing Assets (net of

62652

-12684

82170

49968

114508

255287

----

�cover!es)

0

0

0

0

0

0

9

Exceptional Items

10

_Profit(+)/ Loss(-) from Ordinarv Activities before tax (7-8-9)

9803

33359

-63239

43162

-78904

-340423

11

Tax Expense

-12025

15974

-23112

3949

-27088

-67133

Net Profit (+)/ Loss (-l from Ordinary Activities after tax (10-11 l

21828

17385

-40127

39213

-51816

-273290

12

13

Extraordinary items (net of tax exoensel

0

0

0

0

0

0

14

Net Profit(+)/ Loss (-) for the period (12-13)

21828

17385

-40127

39213

-51816

-273290

15

Paid-up Equity Share Capital (Face Value Rs.10/-l

405267

405267

70105

405267

70105

405267

Reserves excluding Revaluation Reserve

16

339191

(as per Balance Sheet of previous accountinq year)

17

Analytical Ratios

(i) Percentaqe of shares held by Government of India

97 07

97.07

83.06

97.07

83 06

97 07

(ii) Capital Adequacy Ratio (Basel Ill)

17.92

17.62

11.11

17.92

11.11

17 06

a). CET 1 Ratio

12.25

12.38

5.98

12.25

5.98

12.05

b). Additional Tier 1 Ratio

2.07

1.96

2 05

2.07

2.05

1.93

(iii) Earninqs per share (of Rs.10/- each) (Not Annualised) (Rs.)

  1. Basic and diluted EPS before Extraordinary items (net of tax expense) for the period, for the year to date and for the

previous year (not annualized)

0.54

0.43

-5.72

0.97

-7.39

-35.71

(b) Basic and diluted EPS after Extraordinary items for the

period, for the year to date and for the previous year (not

0.54

0.43

-5.72

0.97

-7.39

-35.71

annualized)

982280

905496

867316

982280

867316

(iv) (a) Amount of Gross Non Performinq Assets

933400

(bl Amount of Net Non Performinq Assets

228777

220670

330652

228777

330652

246195

(cl % of Gross NPAs

14.54

13.33

14.06

14.54

14.06

13.76

(d) % of Net NPAs

3.81

3.61

5.87

3.81

5.87

4.04

(v) Return on Assets (Annualised)

0.72

0.59

-1.58

0.65

-1.01

-2.55

(vi) Outstanding redeemable Preference shares (quantity and

Nil

Nil

Nil

Nil

Nil

Nil

value)

ii)I Caeilal redemptioa ceseNe /debeotorn rndemplioo rnseNe

NA

N.A.

N.A.

N.A.

NA

N.A.

Ne��orth

534093

546180

213235

534093

213235

512625

:) Paid up Debt Capital/Outstandinq Debt*

227685

228919

257905

227685

257905

228919

� Debt Equity Ratio* (Borrowinqs/Net worth)

0.43

0.42

1.21

0.43

1.21

0.45

�- ___

Reviewed Un-audited Financial Results for the Quarter/ Half Year ended 30th September, 2021

-·-

S!.

No.

18

19

QUARTER ENDED

HALF YEAR ENDED

YEAR

Particulars

30.09.2021

30.06.2021

30.09.2020

30.09.2021

30.09.2020

ENDED

Reviewed

Reviewed

Reviewed

Reviewed

Reviewed

31.03.2021

(xi) Total Debts to Total Assets (Borrowings/Total Assets)

Audited

0.02

0.02

0.03

0.02

0.03

0.02

(xii) Operating Margin% (Operatinq Profit/Total Income)

12.79

14.47

10.48

13.62

10.85

8.35

(xiii) Net Profit Margin% (Net Profit after tax/Total Income)

11.22

9.13

-20.32

10.19

-13.21

-35.25

Public Shareholding:

No. of Shares

118735354

118735354

118735354

118735354

118735354

118735354

Percentage of Shareholdinq

2.93

2.93

16.94

2.93

16.94

2.93

Promoters and promoter qrouo Share holdino

(a) Pledqed/ Encumbered

Number of shares

Nil

Nil

Nil

Nil

Nil

Nil

Percentage of Shares (as a% of the total shareholding of

promoter and promoter oroup)

Nil

Nil

Nil

Nil

Nil

Nil

Percentage of Shares (as a% of the total share capital

of the

Bank)

Nil

Nil

Nil

Nil

Nil

Nil

(bl Non-encumbered

Number of shares

3933932610

3933932610

582317742

3933932610

582317742

3933932610

Percentage of Shares (as a% of the total shareholding of

promoter and promoter group)

100.00

100.00

100.00

100.00

100.00

100.00

Percentage of Shares (as a% of the total share capital of the

Bank)

97.07

97.07

83.06

97.07

83.06

97.07

*Total debts represent total borrowings of the Bank. Borrowings represents debts due for more than one year.

Segment Reporting:

A: BUSINESS SEGMENT:

For the purpose ofsegment reporting in terms of AS-17 of !CAI and as prescribed in RBI guidelines, the business of the Bank has been classified into four segments i.e. a) Treasury Operations b) Corporate/wholesale Banking, c) Retail Banking and d) Other Banking Operations. Segmental Revenue, Results, Assets & Liabilities in respect of Corporate/ Wholesale and Retail Banking segment have been bifurcated on the basis ofexposure to these segments. Assets and Liabilities, wherever directly related to segments have been accordingly allocated to segments and wherever not directly related have been allocated on the basis ofpro-rata segment revenue.

(Rupees in Lacs)

Particulars

Quarter ended

Half Year ended

Year ended

30.09.2021

30.06.2021

30.09.2020

30.09.2021

30.09.2020

31.03.2021

(Reviewed)

(Reviewed)

(Reviewed)

(Reviewed)

(Reviewed)

(Audited)

I. Segment Revenue

a) Treasury

63393

60800

58175

124193

114401

228958

b) Corporate/ Wholesale Banking

75461

78512

73913

153973

159735

320870

c) Retail Banking

55228

50874

65077

106102

117588

224121

d) Other Banking Operations

429

235

313

664

466

1302

Total

194511

190421

197478

384932

392190

775251

2. Segment Result

a) Treasury

10190

28828

23116

39018

42975

96308

b) Corporate/ Wholesale Banking

17328

6094

11359

23422

21005

21095

c) Retail Banking

12191

3949

16140

15462

14735

d) Other 13anking Operations

429

235

313

664

466

1302

-·

Total

40138

39106

44347

79244

79908

133440

_l:_!:!._nallocated Expenses

15258

11557

23645

26815

37342

68739

4. Operating Profit

24880

27549

20702

52429

42566

64701

'

Reviewed Un-audited Financial Results for the Quarter/ Half Year ended 30th September 2021

Quarter ended

Half Year ended

Year ended

Particulars

30.09.2021

30.06.2021

30.09.2020

30.09.2021

30.09.2020

31.03.2021

(Reviewed)

(Reviewed)

(Reviewed)

(Reviewed)

(Reviewed)

(Audited)

5. Provisions & Contingencies

15078

-5810

83941

9268

121470

405124

6. Income Tax

-12026

15974

-23112

3948

-27088

-67133

7. Extra Ordinary Items

0

0

0

0

0

0

8. Net Profit

21828

17385

-40127

39213

-51816

-273290

Other Information:

9. Segment Assets

a) Treasury

3768241

3639823

2463934

3768241

2463934

3251517

b) Corporate/ Wholesale Banking

4443219

4444702

3866303

4443219

3866303

4430960

c) Retail Banking

3061776

2880068

2846161

3061776

2846161

3094929

d) Other Banking Operations

0

0

0

0

0

0

c) Unallocated Assets

340219

302028

264075

340219

264075

270783

Total Assets

11613455

11266621

9440473

11613455

9440473

11048189

I 0. Segment Liabilities

a) Treasury

3586665

3453702

2396614

3586665

2396614

3077443

b) Corporate/ Wholesale Banking

4229118

4217424

3760667

4229118

3760667

4193743

c) Retail Banking

2914241

2732797

2768398

2914241

2768398

2929238

d) Other Banking Operations

0

0

0

0

0

0

e) Unallocated Liabilities

7917

9011

6971

7917

6971

11464

Total Liabilities

10737941

10412934

8932650

10737941

8932650

10211888

B: GEOGRAPHIC SEGMENT:

Since the Bank does not have any overseas branch, reporting under Geographic Segment is not applicable.

STATEMENTOF ASSETS AND LIABILITIES ASON 30TH SEPTEMBER, 2021

(Rs. in Lacs)

ASON

ASON

ASON

ASON

30.09.2021

31.03.2021

30.09.2021

31.03.2021

CAPITAL & LIABILITIES

ASSETS

Capital

405267

405267

Cash & balance with

Reserves & Surplus

470247

431035

Reserve Bank of India

917716

720852

Deposits

10191031

9610818

Balance with banks & money

56740

113093

Borrowings

262996

264355

at call and short notice

Other Liabilities

283914

336714

Investments

3710799

3202278

Advances

6009610

6094170

Fixed Assets

158157

158491

Other Assets

760433

759305

Total

11613455

11048189

Total

11613455

11048189

Reviewed Un-audited Financial Results for the Quarter/ Half Year ended 30th September, 2021

CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2021

Rs. in Lacs

Half Year ended

Year ended

Half Year ended

30.09.2021

31.03.2021

30.09.2020

A. Cash Flow from Operating Activities

(Reviewed)

(Audited)

(Reviewed)

Net Profit as per Profit & Loss Account

39213

-273290

-5I816

Adjustments for:

Provisions & Contingencies

28811

350494

97455

Depreciation on Fixed Assets

6312

10213

2943

Depreciation on Investments

3570

-81

96

Profit on sale of Assets

l

I

Interest on Bonds, PCPS and IPDI

12235

24441

12273

Operatin2 Profit before workin2 capital chan2es

90142

111778

60948

Adjustments for:

Increase/ (Decrease) in Deposits

580213

644063

-5I0831

Increase/ (Decrease) in Borrowings

-1359

-36950

-27480

Increase/ (Decrease) in Other Liabilities

-15077

5398

-3582

(Increase)/ Decrease in Investments

-510320

-757204

32021

(Increase)/ Decrease in Advances

20202

-531754

86964

(Increase)/ Decrease in Other Assets

-22545

2259

20859

Direct Taxes Paid (Net of refund)

17469

-22358

-9950

Cash Flow from Operating Activities (A)

158725

-584768

-351051

B. Cash Flow from Investing Activities

Increase in Fixed Assets

-5978

-44622

-1487

Profit on sale of Assets

-1

-1

3

Cash Flow from Investing Activities (B)

-5979

-44623

-1484

C. Cash Flow from Financing Activities

Issue of Equity Shares (Face Value) for cash

0

335161

0

Share Premium received thereon

0

214839

0

PublicIssue Expenses

0

-48

0

Issue of Subordinated Bonds

0

0

0

Redemption of Subordinated Bonds

0

-20000

-20000

Interest on Bonds, PCPS and IPDI

-12235

-24442

-12273

Share Application Money Pending Allotment

0

0

0

Cash Flow from Financin2 Activities (C)

-12235

505510

-32273

Cash from Operating Activities

158725

-584768

-351051

Cash from Investing Activities

-5979

-44623

-1484

Cash from Financing Activities

-12235

505510

-32273

Increase in Cash & Cash Equivalents

140511

-123881

-384808

Cash and Bank Balances (Opening)

833945

957826

957825

Cash and Bank Balances (Closing)

974456

833945

573017

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Punjab & Sind Bank published this content on 01 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2021 08:46:06 UTC.