PNB aims to bring cost-to-income ratio below 50% this fiscal, 45% by FY29: MD Chandra Punjab National Bank is focused on bringing the cost-to-income ratio below 50% in the current financial year. The bank is trying to reduce it to 45 percent by 2028-29. In the first half of the current fiscal year, the cost-to-income ratio was 50.38 percent, reflecting a decline from previous levels. The bank's net profit reached Rs 5,500 crore, with targets for continued growth.

PNB aims to bring cost-to-income ratio below 50% this fiscal, 45% by FY29: MD Chandra Punjab National Bank is focused on bringing the cost-to-income ratio below 50% in the current financial year. The bank is trying to reduce it to 45 percent by 2028-29. In the first half of the current fiscal year, the cost-to-income ratio was 50.38 percent, reflecting a decline from previous levels. The bank's net profit reached Rs 5,500 crore, with targets for continued growth.