Investor Presentation

Share Department, Board & Coordination Division, Head Office Plot No.4 Sector 10, Dwarka, New Delhi–110075, E-mail: hosd@pnb.bank.in Scrip Code: PNB Scrip Code: 532461 National Stock Exchange of India Limited BSE Limited “Exchange Plaza” 1st Floor, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Date: 16.10.2026 Dear Sir (s), Reg.: Analyst Presentation on Unaudited (Reviewed) Financial Results for the Quarter / Half-Year ended on 30th September, 2026 Pursuant to Regulation 30 read with Clause 15 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, please find enclosed Analyst Presentation on the Unaudited (Reviewed) Financial Results of the Bank for the quarter /half-year ended 30th September, 2026. The same is also available at https://pnb.bank.in/financials-current.html. You are requested to take the above on record. Thanking you, (Bikramjit Shom) Company Secretary Enclosed: As above pnb.bank.in FINANCIAL RESULTS Q2 FY 2027 16th October 2026 Follow our Official Page: www.pnb.bank.in Contents Macro Economy Business Financial Asset & Performance Performance Performance Quality Highlights 3-8 9-19 20-26 27-32 HR, Network, Shareholding Digitalisation ESG, Awards Group Business & Capital & Analytics & Guidance & RRBs 33-34 35-38 39-42 43-47 Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Indian Economy Growth Holds Firm Amid External Headwinds FY27 GDP Projections Revised Upwards (%) Inflation Inches Up & RBI Policy Pivots to Tightening Earlier Projection Latest Projection (Oct’26) WPI (YoY, %) CPI (YoY,%) RBI's Projected 11.39 7.1 7.1 7.1 9.88 9.97 9.78 9.92 CPI Inflation 7.0 7.0 8.36 6.6 6.7 6.6 5.54 Q3 FY'27 6.0% 6.3 6.4 2.74 3.21 3.98 3.48 3.93 4.38 4.45 4.83 Q4 FY'27 5.7% 1.19 3.40 2.18 FY'27 5.2% World Bank RBI OECD IMF ADB PILLARS OF INDIA'S GROWTH Major Headwinds Investment Banking Uneven Global Recovery Consumption External Sector IMF lifts 2026 world growth to 3.1% (Oct’26), but EMDEs slow to & Services Sector 3.7% and global inflation stays elevated at 4.7% ▪ High-frequency indicators ▪ Q1 FY27 momentum in ▪ Bank Creditgrowth at ▪ Merchandise exports Manufacturing (+9.2%), Geopolitical Uncertainties shows positive momentum maintain growth trend up 19.4% andDeposits and robust festive demand Construction(+7.7%) by 18.5% and in H1 FY27 Renewed West Asia conflict keep energy supplies and trade growthat 17.8% YoY as of sustaining on back of routes at risk 30th Sep'26 ▪ Gross GST collections up robust capacity utilization ▪ Forex reserves at $734.6 by 11.6%YoY in H1 FY27 and planned public and ▪ Broad-based growth Bn (2nd Oct'26), sufficient Crude Oil Volatility private investment across Agri, Industry, import cover for 11 Volatile Crude Prices, Current Account Deficit & Imported Inflation ▪ Auto sales up by 20% YoY months Services & Personal loans in H1 FY27, SIAM expects ▪ Strong software, business Inflationary Pressures continued momentum in and financial services ▪ Stable Asset Quality & ▪ Adequate buffer against Second-round effects of high crude prices and El Niño posing H2 FY27 driving growth external shocks Adequate Capital upward pressures Source : IMF WEO (Oct’26), MoSPI, MoCI (GoI), RBI, SIAM; FY – Financial Year Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Data for Q2 FY’27 NET PROFIT ROA% BOOK VALUE PER OPERATING PROFIT - SHARE (TANGIBLE) +12.8% YoY +4.2% YoY +16.7% YoY ₹ 5,532 Cr 1.05% ₹ 111.94 ₹ 7,532 Cr GNPA % NNPA % PCR (Inc. TWO) % SMA 2 (> ₹5 Cr.) % of Domestic Advances -90 bps YoY -11 bps YoY +41 bps YoY -8 bps YoY 2.55% 0.25% 97.32% 0.09% GLOBAL BUSINESS GLOBAL DEPOSITS GLOBAL ADVANCES RAM ADVANCES +11.9% YoY +9.9% YoY +14.7% YoY +13.6% YoY ₹ 31,18,434 Cr ₹ 17,77,240 Cr ₹ 13,41,194 Cr ₹ 7,21,996 Cr Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Profitability Return on Assets (%) Net Profit 5532 5100 5225 5253 4508 4567 4904 1.02% 1.03% 1.02% 1.05% 1.06% 1.06% 1.04% 1.05% 4303 1675 0.37% (Annualized) Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 Operating Profit Net Interest Income 11601 6853 6621 6776 7081 7227 7481 7500 7519 7532 10517 11032 10757 10578 10469 10533 10380 10798 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Profitability Earning Per Share Return on Equity - Tangible (%) 19.91% 19.22% 19.23% 17.95% 17.80% 18.00% 17.33% 17.32% 3.90 3.92 3.97 4.27 4.44 4.55 4.57 4.81 1.46 (Annualized) (Not Annualized) 6.59% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 CRAR CET 1 % Book Value Per Share - Tangible Book Value Per Share - Total 123.64 17.01% 17.50% 17.19% 16.77% 17.74% 18.13% 17.95% 119.91 16.36% 114.09 114.77 15.41% 108.57 102.02 103.36 105.23 98.47 111.94 108.58 14.52% 14.44% 101.89 102.95 13.62% 92.64 95.92 11.59% 12.33% 12.95% 12.75% 12.52% 82.75 84.83 10.65% 79.18 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Asset Quality Net NPA% Gross NPA% 4.48% 4.09% 0.46% 3.95% 3.78% 0.41% 0.40% 0.38% 0.36% 3.45% 0.32% 3.19% 0.29% 0.28% 0.25% 2.95% 2.78% 2.55% Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 Net NPA Amount Gross NPA Amount 47582 45414 44082 42673 40343 39314 4674 4437 4291 4132 4026 37124 35381 34190 3834 3610 3433 3313 Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Asset Quality Credit Cost PCR%- (Incl. TWO) PCR%- (excl TWO) (Annualized) 0.46% 96.67% 96.77% 96.82% 96.88% 96.91% 96.99% 97.14% 97.23% 97.32% 0.30% 0.25% 0.25% 0.21% 0.14% 0.12% 0.08% 90.18% 90.23% 90.27% 90.32% 90.02% 90.25% 90.28% 90.30% 90.31% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sept'24 Dec'24 Mar'25 June'25 Sept'25 Dec'25 Mar'26 June'26 Sept'26 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 Slippage Ratio (Annualized) Slippages(Fresh Addition) Amount 1.14% 0.94% 0.89% 0.77% 0.69% 0.71% 0.71% 0.67% 0.68% 3001 2758 2395 2181 1774 1886 1955 1901 2080 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 FY'25 FY'25 FY'25 FY'26 FY'26 FY'26 FY'26 FY'27 FY'27 Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Business Mix Global Business Growth % Sl. Parameters Sept’25 June’26 Sept’26 (In Rs. Lakh Crore) QoQ YoY 1 Global Business 2786673 2997970 3118434 4.0% 11.9% 1a Overseas Business 104805 123933 149511 20.6% 42.7% 31.18 1b Domestic Business 2681867 2874037 2968923 3.3% 10.7% 29.70 29.98 28.92 27.87 2 Global Deposits 1617080 1724837 1777240 3.0% 9.9% Sept'25 Dec'25 Mar'26 June'26 Sept'26 2a Overseas Deposits 53098 54660 65400 19.6% 23.2% 2b Domestic Deposits 1563982 1670177 1711840 2.5% 9.5% Global Deposits Global Advances 3 Global Advances 1169592 1273132 1341194 5.3% 14.7% 16.17 16.60 17.11 17.25 17.77 13.41 11.70 12.31 12.59 12.73 3a Overseas Advances 51707 69273 84110 21.4% 62.7% 3b Domestic Advances 1117885 1203859 12570 [Showing first 8,000 characters — download PDF for full document]