# PNB to launch wealth management services by December

2026-08-09T14:26:50+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Punjab National Bank will roll out wealth management services by December to boost non-interest income, MD and CEO Ashok Chandra said. The bank deployed 1,700 customer relationship managers across branches six months ago and plans another 1,300 by month-end. It will start the RFP process to appoint a partner soon. PNB's credit card base is nearing 10 lakh, up from 6.6 lakh in March 2025. Its Luxura metal card has reached 25,000 holders, targeting 1 lakh by March. Chandra expects net profit to cross Rs 20,000 crore in FY27, with loan growth of 12-13 per cent and deposit growth of 9-10 per cent.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/money-and-banking/pnb-to-roll-out-its-wealth-management-product-by-dec-aimed-at-boosting-non-interest-income/article71324393.ece>

Tags: banking, credit cards, PNB, wealth management
Canonical: https://indianopinion.org/pnb-to-launch-wealth-management-services-by-december/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/pnb-to-launch-wealth-management-services-by-december/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.