VERIFIEDET Finance·18 Jul 2026neutral

Punjab National Bank scouting for partner to build its M&A financing portfolio: CEO

AI Summary

·Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio.
·The bank aims to gather $2.5 billion in special FCNR(B) deposits and has already mobilized funds.
·PNB's corporate loan book is projected to exceed four lakh crore rupees this fiscal year, with a focus on renewable energy and hydrogen capacity.