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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
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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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…
