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 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 (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.

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…

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…