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VERIFIEDET Finance·positive

Punjab National Bank to foray in acquisition finance in third quarter: MD Chandra

AI Summary
  • ·Punjab National Bank will commence acquisition finance in the third quarter of the current fiscal year.
  • ·The bank intends to raise USD 2.5 billion in FCNR (B) deposits by September.
  • ·PNB reported a substantial increase in profit for the quarter ending June 30.
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