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Punjab National Bank scouting for partner to build its M&A financing portfolio: CEO
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 mobilized funds. Its corporate loan book is projected to exceed four lakh crore rupees this fiscal year. PNB is actively focusing on renewable energy and emerging sectors like hydrogen capacity.
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economictimes.indiatimes.com
Punjab National Bank scouting for partner to build its M&A financing portfolio: CEO
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…
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PNB mobilises $419 million in FCNR(B) deposits, on track to meet $2.5 billion target: Executive Director
Punjab National Bank (PNB) has mobilised around USD 419 million in Foreign Currency Non-Resident Bank (FCNR(B)) deposits and remains on track to achieve its USD 2.5 billion target…
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newsbytesapp.com
PNB raises $420M in overseas fundraising, targets $2.5B by September
Punjab National Bank (PNB) has secured $419 million in FCNR(B) deposits, aiming to achieve its ambitious $2.5 billion target by September 30 despite global yield challenges.
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thehindubusinessline.com
PNB hopeful of achieving net interest margin, FCNR (B) targets
Punjab National Bank aims for 7% net interest income growth and $2.5 billion FCNR(B) deposits by 2026.
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timesofindia.indiatimes.com
PNB targets $2.5bn via FCNR(B)
NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has…