PNB plans to launch acquisition finance from Q3 after RBI's new framework. The bank also targets USD 2.5 billion in FCNR(B) deposits by September 30.

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 (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…

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

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…