PNB to focus on project financing to revive business loan growth, CEO says - Business News, Finance News, Share Market News - Market trendz

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Thursday, 31 July 2025

PNB to focus on project financing to revive business loan growth, CEO says


Punjab National Bank aims to boost business loan growth by focusing on infrastructure, smart metering, and renewable energy projects, according to CEO Ashok Chandra. Despite overall domestic loan growth of 9.6%, business loans only grew by 6.9% in the first quarter. PNB reported a net profit of 16.75 billion rupees, impacted by a one-time tax charge.

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