PNB is still optimistic about companies’ progress, to develop a random access memory portfolio to 60 % of the loan book

The National Bank of Punjab, the third largest country -owned lender in the country, is still up to corporate loans, even when it looks to the development of the retail, agricultural and MSME (RAM) to 60 % of the loan notebook.

“We have set the priority for the development of the RAM, which is currently 56 % of the aesthetics, to 60 %. The companies’ portfolio will be 40 %,” said Ashok Chandra, Managing Director, Executive Director, Punjab National Bank, in an interview with the corporate portfolio. Work today.

The bank aims to grow credit 11 % -12 % in the 26th fiscal year. The bank’s local progress has grown by 9.6 % on an annual basis to 10.79 rupees by June 30, 2025. This progress in RAM has grown by 11.8 % on an annual basis, while companies and other progress grew by 6.9 % on an annual basis.

Chandra noted that one of the reasons why PNB’s corporate growth has slowed is that the lender sold some low progress. Otherwise, the bank has a penalty of 1.29 rupees of corporate loans, which are in various stages of exchange.

He said: “If this available book is available, and all of them have been punished, documents have occurred, I expect the exchange to take place gradually, and from the second and third quarter on, we will see the payments occur.”

He also emphasized that the bank is very aggressive in lending companies has also given confidence to borrowers from companies that the decisions will be taken within 15 days. “Anything comes to the main office, within 15 days, we will deliver the decision. This has given a lot of confidence to companies,” he said.

PNB has loans that have been punished in sectors including renewable projects and roads, especially in the form of hybrid installments, invitations or investment funds in infrastructure, and the treatment of food and biological gas.