PNB expects 8-10% credit growth and 10-12% operating profit growth in H2: CEO - News Summed Up

PNB expects 8-10% credit growth and 10-12% operating profit growth in H2: CEO


Excerpts from an interview with Parisha Tyagi of ETNOW.The first thing is that whether it is small or big, profit is a profit. Second point is in the current state of certain accounts coming under stress. Just when we thought that large corporate segment NPA identification has been completed, we started getting stress from other segments like NBFCs.. Our endeavour will be to bring it below 6% by March 2020.We are looking at a credit growth of 8-10% and operating profit growth of 10-12%. At around 18% to 20%, it is a wonderful growth and we are looking at the mid corporate segment.


Source: Economic Times November 05, 2019 12:00 UTC



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