The banking sector is positioned to facilitate credit expansion and adapt to the market’s changing financing demands, supported by robust balance sheets and strong capitalisation, Chandra noted in a message to shareholders in its newly released annual report.
“The bank will persist in prioritizing strategic areas such as RAM advances, CASA Deposits, Digitalisation, Customer Service, and Human Resources,” he stated.
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As of March 31, 2026, Retail, Agriculture, and MSME (RAM) advances grew to ₹6.76 lakh crore, up from ₹6.03 lakh crore in the previous fiscal year, marking a 12 percent increase. The RAM segment accounted for 56.6% of domestic advances by the end of March 2026.
Concerning low-cost deposits, PNB’s domestic CASA share was recorded at 37% as of March 31, 2026. The bank’s current account deposits were at ₹79,294 crore, while savings deposits reached ₹5.30 lakh crore.
”The bank intends to broaden its presence and strive to enhance customer convenience. As a leading entity in the banking sector, we are committed to supporting India’s vision for Viksit Bharat by 2047,” Chandra added. The country’s second-largest bank operates a network of 10,324 branches.
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In addition to these strategic initiatives, the bank is dedicated to upholding the highest ethical standards and integrity throughout its operations, he emphasized.
There will also be a focus on embedding Environmental, Social, and Governance (ESG) principles into the bank’s core business strategies, aiming for responsible growth and sustainable value creation for all stakeholders, he added.
(Edited by : Jomy Jos Pullokaran)
