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PNB CEO Ashok Chandra sees profit momentum continuing after strong Q2, eyes ₹6,000 crore quarterly profit milestone

PNB CEO Ashok Chandra sees profit momentum continuing after strong Q2, eyes ₹6,000 crore quarterly profit milestone

·Excerpt
PNB CEO Ashok Chandra sees profit momentum continuing after strong Q2, eyes ₹6,000 crore quarterly profit milestone
Image: Punjab National Bank CEO Ashok Chandra is also prioritising the quality and profitability of its corporate loan portfolio.

Punjab National Bank (PNB) is targeting quarterly net profit of ₹6,000 crore over the next few quarters, Managing Director and CEO Ashok Chandra said, after the state-owned lender posted its highest-ever quarterly profit of ₹5,532 crore in the September quarter of FY27.The bank has maintained consistency in operating profit, net profit and other key parameters over the past four quarters, and expects the trend to continue, Ashok Chandra told PTI in an interview.PNB is focusing on further improving operating profit…

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