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The Economic Times
The Economic Times
Business

PNB to hold off on subsidiary monetisation, focus on value creation: MD Ashok Chandra

Ashok Chandra PNB Punjab National Bank

New Delhi: With its capital adequacy ratio exceeding 18 per cent, Punjab National Bank has no immediate plans to monetise its subsidiaries, the bank's Managing Director and CEO Ashok Chandra said, adding that the lender will instead focus on strengthening their operations to unlock greater value in the future.

PNB's capital adequacy improved to 18.13 per cent as on June 30, 2026, compared to 17.5 per cent at the end of the first quarter of the previous fiscal year.

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