 "Swarup Kumar Saha, Managing Director and Chief Executive Officer, Punjab & Sind Bank")
Punjab & Sind Bank expects total recovery of more than Rs 1,000 crore in FY25. Managing director (MD) and chief executive officer (CEO) Swarup Kumar Saha, in an interview with Harsh Kumar in Delhi, says the public sector bank aspires to increase retail, agriculture, and micro, small and medium, enterprise (MSME) lending to around 60 per cent next year. Edited excerpts:
What were the reasons for the surge in Q3FY25 profit for the bank?
The bank has achieved significant growth, with total advances increasing by 14.73 per cent, signalling a return to positive growth trajectory. We are actively rebalancing our
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