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PNB Expands Digital Gold Lending via ULI and Plans Wealth Unit in Q3

Punjab National Bank logoPunjab National Bank
Sig1.80Sen+3.60Env0.00Soc+0.60Gov+0.20

PNB says it is integrating more lending products onto RBI’s ULI and expects the platform to scale, building on its early partnership. Repricing of deposits and loans was largely completed by May. With Rs 1.37 lakh crore in sanctioned corporate loans pending disbursement and about Rs 40,000 crore eligible, it expects over 15 lakh cards in FY27 and wealth management operations in the latter part of Q3, with workforce largely stable.

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