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Punjab & Sind Bank expects the Reserve Bank of India to grant regulatory relaxations on FCNR(B) deposits to support lenders operating without overseas branches. Meanwhile, the state-run bank has outlined a long-term strategy to expand its total business mix to ₹4 lakh crore by FY29
Punjab & Sind Bank expects the Reserve Bank of India to grant regulatory relaxations on FCNR(B) deposits to support lenders operating without overseas branches. Meanwhile, the state-run bank has outlined a long-term strategy to expand its total business mix to ₹4 lakh crore by FY29
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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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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.
