VERIFIEDET Finance·2 Aug 2026neutral

PNB to hold off on subsidiary monetisation, focus on value creation: MD Ashok Chandra

AI Summary

·Punjab National Bank will not monetize subsidiaries soon, prioritizing operational strengthening.
·The bank's capital adequacy is over 18 percent, exceeding regulatory requirements.
·PNB anticipates its net profit to surpass twenty thousand crore rupees this financial year.