PNB sees ₹200 cr boost in profit from credit cards
New Delhi: Punjab National Bank (PNB), India's second-largest public sector lender, anticipates a significant surge in profits from its credit card and cash management services, with each vertical expected to generate around Rs 200 crore quarterly starting next financial year. This optimistic forecast stems from PNB's intensified focus on digital businesses to drive fee-based income, as bank officials aim to capitalize on the growing digital economy.
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