VERIFIEDET Finance·25 Oct 2026positive

PNB aims to bring cost-to-income ratio below 50% this fiscal, 45% by FY29: MD Chandra

AI Summary

·PNB aims to reduce its cost-to-income ratio to below 50% in the current fiscal year.
·The bank targets a further reduction of the cost-to-income ratio to approximately 45% by FY29.
·PNB reported a net profit of Rs 5,500 crore in the first half of the current fiscal year.