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PNB to allocate 20% of FY26 spend to boost IT, digital infra: CEO
Business Standard
|October 09, 2025
Around 20 per cent of Punjab National Bank’s (PNB) capital and revenue expenditure in FY26 will go towards developing IT and digital infrastructure, said Ashok Chandra, Managing Director and Chief Executive Officer, at GFF 2025.
In FY25, nearly 62-63 per cent of capital expenditure and 19-20 per cent of revenue expenditure were directed towards technology and digital upgrades, he added.
This story is from the October 09, 2025 edition of Business Standard.
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