PNB Expects Retail Loan Growth of 17–18%, MSME Credit Growth of 21%
Punjab National Bank CEO Ashok Chandra expects core retail loans to grow 17–18% and MSME lending around 21% in the current quarter, with festive-season demand supporting credit.
Punjab National Bank (PNB) expects core retail loans to grow 17-18 per cent and lending to micro, small and medium enterprises (MSMEs) to rise around 21 per cent in the current quarter. MD and CEO Ashok Chandra said the festive season is expected to support credit demand.