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Source: Economic Times
Economic Times
Source
Appointments & Movements
Category
4 min
Read time
02 Aug
Published
Appointments & Movements
4 min read· Economic TimesPNB to hold off on subsidiary monetisation, focus on value creation: MD Ashok Chandra
Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to s…
Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to s
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Source: Economic Times