The Financial News

The Financial News

PNB CEO Ashok Chandra Exclusive: Banking In a Turbulent World, Indian Economy, Nirav Modi & More


India’s state-run banks have emerged far stronger after a decade of balance-sheet clean-up and reforms, but staying nimble in an increasingly uncertain global environment will be their biggest test, Punjab National Bank (PNB) managing director and chief executive Ashok Chandra said in an exclusive interview with Mint.

Chandra says that despite ongoing geopolitical tensions, including the conflict in West Asia, weighing on the global economy, PNB has not seen any stress in its loan portfolio and expects credit growth to exceed 13% in FY27.

He also spoke about the transformation of public sector banks over the last decade, India’s GDP & the Nirav Modi case among other key topics.

Watch the full interview here!

#india #banking #economy

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