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Punjab National Bank expects loan growth of 8-10% in FY23

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Punjab National Bank expects loan growth of 8-10% in FY23

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Punjab National Bank (PNB) loan growth in the third quarter of FY22 (FY22) was much better sequentially, said SS Mallikarjuna Rao, MD, and CEO of the public lender. This gives the bank the confidence to grow 8-10% in FY23, he told CNBC-TV18 in an interview. In Q4FY22, Rao expects loan growth of 6-8%.

For the full interview, watch the attached video

Punjab National Bank expects loan growth of 8-10% in FY23

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