Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
PNB Targets Record-Low Bad Loan Ratio: CEO Chandra
Hindustan Times Patna
|May 09, 2025
PNB Expects Its Loan Book To Grow 11-12% In FY26, And Deposits To Increase By 9-10%
MUMBAI: Punjab National Bank (PNB), India's second-largest state-run lender by assets, aims to recover more soured loans this year, leading to a record-low gross bad loan ratio, a key asset quality metric, CEO Ashok Chandra said on Thursday.
The New Delhi-based lender is targeting bad loan recoveries worth ₹16,000 crore ($1.89 billion) this financial year, an eleven-fold increase over the ₹1,436 crore recovered in 2024-25, Chandra told Reuters in an interview.
About ₹6,000 crore of that is expected to come from loan accounts which were previously written off, he said.
This story is from the May 09, 2025 edition of Hindustan Times Patna.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Patna
Hindustan Times Patna
Rules-based world order is dead: Carney at Davos
Canadian Prime Minister Mark Carney used a major address in Davos to argue that the world’s middle powers must band together to resist coercion from aggressive superpowers.
1 mins
January 22, 2026
Hindustan Times Patna
RAID ROW LOOMS OVER ED CHIEF'S VISIT TO KOLKATA
The Enforcement Directorate’s (ED) chief, Rahul Navin, is likely to visit Kolkata on Thursday to review the working of its eastern region office, days after a dramatic raid at I-PAC's office by the federal agency turned into a legal battle.
1 min
January 22, 2026
Hindustan Times Patna
In overcrowded prisons, justice has lost its way
Earlier this month, the Supreme Court granted bail to five out of the seven accused in one of the most high profile cases related to the 2020 Delhi riots;
3 mins
January 22, 2026
Hindustan Times Patna
Nothing fishy, claims SIT citing ‘electronic evidence’
POLICE SAID AFTER COMING TO PATNA FROM JEHANABAD ON JANUARY 5, NO UNTOWARD THING HAPPENED WITH HER IN THE HOSTEL
2 mins
January 22, 2026
Hindustan Times Patna
Trump’s aggression mirrored in US’s security document
The US's National Security Strategy (NSS) of 2025 has attracted intense scrutiny, given the US's effort to ensure its primacy in a global order drifting towards multi-polarity.
4 mins
January 22, 2026
Hindustan Times Patna
Krushna reacts after Govinda claims he is 'forced' to insult him on TV shows
Actor Govinda and wife Sunita Ahuja have been making headlines recently after she spoke about trouble in their relationship and alleged he was involved in an extramarital affair.
1 min
January 22, 2026
Hindustan Times Patna
Cheesecake, but light: The viral Japanese dessert
As health-led food trends continue to dominate social media, a protein-rich alternative to the creamy cheesecake has travelled from Japan into kitchens across the world.
1 mins
January 22, 2026
Hindustan Times Patna
India’s space-tech surge: A moonshot moment
Indian startups are transforming the way space is accessed by managing the costs frugally, accelerating timelines, and pushing the boundaries of innovation
4 mins
January 22, 2026
Hindustan Times Patna
Jharkhand HC expresses concern over lack of guideline for nomadic people; seeks personal appearance of home secy
The Jharkhand high court on Wednesday expressed its concern over an alleged active child trafficking network and the lack of proper guidelines for monitoring nomadic people coming from other states, including Rajasthan, an advocate close to the developments said.
1 mins
January 22, 2026
Hindustan Times Patna
Sunita Williams calls retirement; talks about 'home' moment
Indian-origin astronaut Sunita “Suni” Williams has retired from NASA after 27 years of service, the US space agency confirmed.
1 min
January 22, 2026
Listen
Translate
Change font size