Punjab National Bank aims for 7% net interest income growth and $2.5 billion FCNR(B) deposits by 2026.

Punjab National Bank posted a more than three-fold rise in Q1FY27 net profit to over ₹5,200 crore as NIM improved, NPAs declined and business growth remained strong.

PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding three months.

MUMBAI: Punjab National Bank reported a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, up 213.6% from Rs 1,675 crore a year earlier, aided by a sharp…

Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in special FCNR(B) deposits and has already…

Punjab National Bank aims for 7% net interest income growth and $2.5 billion FCNR(B) deposits by 2026.

NRI participation in FCNR(B) deposits is cautious, but banks remain hopeful for increased inflows by September-end.