Punjab National Bank Aims ₹30 Lakh Crore Business in FY26, Targets 11-12% Credit Growth

Punjab National Bank (PNB) is aiming to touch a total business of ₹30 lakh crore by the end of FY26, slightly higher than its current target of ₹29.56 lakh crore. Managing Director and CEO Ashok Chandra said the bank will focus on both top-line growth and profitability, avoiding low-yield lending.

Double-Digit Credit and Deposit Growth

For FY26, PNB expects 11–12% credit growth and 9–10% deposit growth. The bank has a corporate loan pipeline worth ₹1.29 lakh crore in various stages of disbursement. Past muted growth was due to shedding low-yield corporate loans; now the focus is on profitable lending.

Corporate Lending in 15 Days or Less

PNB aims for double-digit growth in corporate lending and promises a maximum 15-day turnaround for corporate loan decisions. In the MSME segment, growth has already reached 17–18%, while retail lending is expected to grow 17%. Agriculture retail lending could see a sharp 30–40% growth.

Sale of Non-Performing Assets (NPAs)

The bank plans to sell ₹4,000–₹5,000 crore worth of NPAs to asset reconstruction companies in FY26, with around 100 accounts identified. It expects to recover 40–50% of the asset value, with some cases possibly achieving full recovery due to strong collateral.

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PNB Share Price Movement

As of August 12, 2025, at 11:31 am IST, Punjab National Bank share price (NSE: PNB) is trading at ₹106.63, up by ₹0.09 or 0.084% for the day. The stock opened at ₹106.86, touched an intraday high of ₹106.95, and a low of ₹106.07. PNB has a market capitalisation of ₹1.22 lakh crore, a price-to-earnings (P/E) ratio of 7.29, and offers a dividend yield of 2.72%. The bank’s 52-week high stands at ₹117.98, while its 52-week low is ₹85.46. The quarterly dividend amount is ₹0.73 per share.

Conclusion

PNB’s FY26 strategy blends aggressive growth with profitability focus. By streamlining loan approvals, boosting lending in key segments, and cleaning up NPAs, the bank is positioning itself to not only hit the ₹30 lakh crore business target but also strengthen its financial health.

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