PNB MD Ashok Chandra projects over ₹20,000 crore profit by FY27, bank to enter acquisition financing

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Finance

26 July 2026 at 3:19 pm

PNB MD Ashok Chandra projects over ₹20,000 crore profit by FY27, bank to enter acquisition financing

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Summary

Punjab National Bank (PNB) anticipates its net profit to surpass ₹20,000 crore by FY27, according to MD and CEO Ashok Chandra. The bank also plans to venture into acquisition financing from the third quarter, following new RBI guidelines.

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