Festive Demand May Lift Credit Growth by Up to 2% This Quarter, Says PNB Chief Ashok Chandra
Punjab National Bank Managing Director and Chief Executive Officer Ashok Chandra said festive demand has materially strengthened credit offtake and could add as much as 2% to loan growth in the current quarter. His remarks point to a seasonal but meaningful pickup in borrowing across retail and business segments, even as lenders continue to watch deposit mobilisation and broader liquidity conditions.
