PNB Stock: Motilal Oswal Reaffirms 'Buy' Rating

Motilal Oswal, a financial analysis firm, recommends buying shares of Punjab National Bank (PNB).

They expect the bank to keep a good profit margin and have a positive outlook.

This is because of PNB’s focus on lending to retail and small businesses, which is growing quickly, and its plan to improve its cost-to-income ratio.

PNB's asset quality is expected to improve.

The brokerage expects the bank to sell a stake in Canara HSBC Life and benefit from reduced cash reserve requirements.

Overall, PNB is seen as a promising investment.