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PNB's foreign bank MoU 10-15 days away, says MD & CEO Ashok Chandra

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Home / Companies / People / PNB's foreign bank MoU 10-15 days away, says MD & CEO Ashok Chandra

We have enough room to grow credit at the pace at which overall deposits are growing says Ashok Chandra MD & CEO of PNB

Ashok Chandra

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Ashok Chandra, MD & CEO, PNB

8 min read

Last Updated :

Oct 18 2026 | 11:47 PM

IST

Punjab National Bank (PNB) is set to sign a memorandum of understanding (MoU) with a foreign lender in the next 10-15 days to collaborate on financing mergers and acquisitions (M&As), Managing Director and Chief Executive Officer Ashok Chandra said. The Delhi-based bank also aims to finance at least two M&A transactions in the third quarter (October-December/Q3), Chandra told Krity Ambey in an online interview. Edited excerpts:

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