Punjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank projects a healthy credit growth ranging from eighteen to twenty percent for the current year. To bolster its growth, it is investing in digital transformation projects aimed at enhancing digital lending capabilities and account acquisition strategies.

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

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…