Archive · 26 Jul 2026
PNB Targets ₹20,000 Crore Profit by FY27
Punjab National Bank (PNB) is very optimistic about its future profits.
The bank's boss, Ashok Chandra, believes that PNB will make more than ₹20,000 crore in profit by the financial year 2027.
This is because the bank has been making over ₹5,000 crore in profit every quarter for the past year.
To reach this goal, PNB is focusing on lending more to regular customers, farmers, small businesses, and self-help groups.
They also plan to start helping companies buy other companies, which is called acquisition finance, starting from the third quarter of this year.
The bank expects to grow its loans by 12-13% and deposits by 9-10% this year.
The Reserve Bank of India has set some rules for this kind of financing, including ensuring that the companies borrowing money have enough money and good credit ratings.
PNB aims to surpass ₹20,000 crore in profit by FY27.
The bank has maintained a net profit of over ₹5,000 crore every quarter for the past year.
Focus areas for asset creation include retail, agri, MSME, and self-help groups.
PNB plans to initiate acquisition finance in the third quarter of the current financial year.
The bank expects loan growth of 12-13% and deposit growth of 9-10% this year.
- Who
- Punjab National Bank (PNB) and its MD Ashok Chandra
- What
- PNB aims to surpass ₹20,000 crore in profit by FY27
- When
- Projected for FY27, with initiatives starting in the third quarter of the current financial year
- Where
- India
- Why
- To achieve profitable growth and diversify its asset portfolio
Optimistic Outlook
Cautious Approach
Profit Projections
Optimistic Outlook
PNB's MD Ashok Chandra is confident that the bank will surpass ₹20,000 crore in profit by FY27, citing consistent quarterly profits of over ₹5,000 crore.
Cautious Approach
Some analysts may caution that maintaining such high growth rates is challenging and depends on various external factors.
- Current Financial Year Profit
- ₹16,904 crore
- Projected Profit by FY27
- ₹20,000 crore
- Quarterly Profit Target
- ₹5,000 crore
- Loan Growth Target
- 12-13%
- Deposit Growth Target
- 9-10%
- Focus Areas for Asset Creation
- Retail, Agri, MSME, and Self-Help Groups
- Acquisition Finance Initiation
- Third Quarter of Current Financial Year
- RBI Lending Limit for Acquisition Finance
- 75% of the deal value
