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Punjab National Bank to foray in acquisition finance in third quarter: MD Chandra
Punjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in FCNR (B) deposits by September. This move diversifies the bank's asset portfolio and attracts foreign currency. PNB reported a significant profit jump for the quarter ended June 30.
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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
