Punjab National Bank (PNB) Q4FY26 Management Mirror - Mar-2026 Qtr
Margins & NII Growth
Management expects global NIM to remain between 2.6% to 2.7% and Net Interest Income (NII) to grow conservatively by 7% for FY27, initiating this fresh outlook in the Mar'26 Qtr after previously guiding for a FY26 global NIM of 2.60% in the Dec'25 Qtr; additionally, the cost of deposits is projected to slightly reduce by approximately 5 basis points over the first two quarters of FY27. [Status: Initiated]
3 more themes on the ELITE plan.