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PNB Eyes 11% Business Growth in FY19

May 08, 2018

PNB Eyes 11% Business Growth in FY19

Public sector Punjab National Bank (PNB) which took a big hit on its revenue and reputation due to the Nirav Modi scam, said it aims at growing its entire business by around 10.8% during the current financial year by focusing on CASA mobilization.

PNB Chief Executive Officer Sunil Mehta said that in a recent meeting, the board discussed the bank’s future as well as government’s Enhanced Access & Service Excellence (EASE) at length.  He said that aim is to expand the business by 10.8% by focusing on customer risk minimization and improvements in the existing system.

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