PNB plans sale of 100 NPAs, aims for 40-50% recovery in FY26, says MD & CEO Ashok Chandra
Punjab National Bank (PNB), MD, MD and CEO Ashok Chandra asset assets (ARCS) for sale for sale (NPA) for sale (NPA) detected.
Speaking to the news agency, Chandra said that the second largest Public Sector Bank in India (PSB) aims to heal with the size of the book. La4,000-5,000 crore.
When asked about the amount that the bank can make from the sale, “We expect to save something between the minimum 40-50 percent. Through this route, this financial year is expecting a good improvement,” he said.
Since you have a good security at the moment, there may be an account that will take 100 percent recovery, but in some cases it may be low, “We estimate that the average improvement should be minimum 40-50 percent,” he said.
Chandra also said that the bank has designed the right strategies to touch one kilometer stone. La30 Lakh Crore total business by the end of the current fiscal year.
PNB’s total work with an increase of 11.6 percent La27.19 At the end of the first quarter of the current year. The Bank of Bar Association is followed with a total job. La26.43 Lakh Crore and Canara Bank La25.64 Lakh Crore at the end of June 30, 2025.
“We have a goal La29.56 Lakh Crore for the current financial year. We can do better than our goal and touch it La30 Lakh Crore until March next year, but whatever the highest line, we will build, we should make sure that we should add profit to my bank, “he said.
He stressed that the PNB is very aware of its business profit, and even in the first quarter itself, the bank recorded its highest activity profit. La7,081 Crore.
“Whether it is a deposit mobilization or a corporate credit book, everything should add to the bank’s profitability. So, therefore, collective deposits have been downloaded and corporate deposits have been largely restricted.” He said.
Chandra sharing the strategy to achieve the target, said the bank aims to grow at least 11-12 percent in the 26-fiscal year of the bank and 9-10 percent deposit growth.
“We have a good pipeline of the Corporate Credit book La1.29 Lakh Crore, in these payment stages. Since it is a low -efficient developed corporate credit book, it has been a silent growth in the past. We poured this. Now, no matter what, we pay attention to the fact that the credit book we will build should make a good contribution to the business profit. ”
Chandra, in the case of corporate credit segment, the 2nd quarter from the second quarter of the confidence that there will be a double -digit figure expressed.
He also stressed that the lender is very aggressive in corporate loans and confidence to corporate debtors within 15 days.
“Everything that comes to the head office, we will convey the decision within 15 days. It gave a lot of confidence to these companies,” he said.
The Bank also aggressive about the project finance, “he said,” We have created a special cell managed by the General Manager for the project financing.
In the MSME segment, the bank has grown by 17-18 percent and the growth will continue, housing, vehicle and education in the basic retail loans will continue to grow by 17 percent, he said.
Emphasizing that agriculture is currently an important component for the bank, “There is a component with a lot of focus on self-help, and this year, we see that at least 30-40 percent growth should take place in its self-aid group portfolio, because this creates my small and marginal farmer category and lends the priority sector.”
The Bank also focuses on the food processing sector and infrastructure -related facilities such as cold storage for goddesses and rural areas.
In order to encourage lending, the Bank organizes credit social assistance programs at regular intervals for various segments, including MSME and agriculture.
