• FCNR(B) deposit inflow: PNB expects to mobilize around $2.5 billion in FCNR(B) deposits at rates between 6% and 6.10% across 3- to 5-year tenors, which is projected to improve net interest margin by 2 to 3 basis points.
• Margin and return guidance: Management expects full-year net interest margins to trend toward the upper end of the 2.6% to 2.8% range, while targeting a sustained ROA above 1% and quarterly net profit around ₹5,000 crore.
• Credit growth strategy: Total loan growth is guided at 12% to 13% as the bank replaces low-yielding corporate advances and reduces its IBPC portfolio from ₹76,000 crore to ₹25,000 crore, offsetting retail expansion and over 21% growth in MSME lending.
• Asset quality metrics: Incremental lending quality remains strong, with NPAs standing at 0.40% on ₹13.76 trillion disbursed over the last five and a half years, while loan recoveries are targeted at ₹13,000 crore for the year.