Punjab National Bank (PNB) is confident of surpassing its total business target of Rs 29.56 lakh crore for the current financial year and aims to touch the Rs 30 lakh crore milestone by March 2026, managing director and CEO Ashok Chandra said. The country’s second-largest lender recorded a total business of Rs 27.19 lakh crore at the end of Q1 …
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PNB targets 58% of loan book from RAM segment in FY26 to offset rate-linked margin pressure – Times of India
State-owned Punjab National Bank (PNB) is aiming to expand its lending to the RAM segment—comprising Retail, Agriculture, and MSMEs—to 58 per cent of its total loan book in the current financial year, up from 56 per cent in FY25, according to Managing Director and CEO Ashok Chandra.The bank ended FY25 with RAM segment loans standing at Rs 6,02,682 crore, accounting …
Read More »Banks, oil companies say no disruption in service, everything is normal – Times of India
CHENNAI: Banks and oil companies on Friday assured consumers that there was no disruption in their services and ATMs and fuel pumps are well stocked.“IndianOilhas ample fuel stocks across the country and our supply lines are operating smoothly. There is no need for panic buying – fuel and LPG is readily available at all our outlets. Help us serve you …
Read More »PNB plans to step up service, boost retail & farm lending – The Times of India
NEW DELHI: Punjab National Bank (PNB) , the country’s second largest public sector lender, is set to step up its focus on customer service as well as retail, agriculture and MSME lending, while targeting corporate loans that give higher returns, the bank’s new MD and CEO Ashok Chandra told TOI.Chandra, who took over in Jan, is working with his team …
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