PNB Skips Deposit Chase

Punjab National Bank has opted to skip the deposit chase, a move that underscores its confidence in its current financial standing. The bank's decision is attributed to its CD ratio cushion, which provides it with the necessary buffer to navigate the competitive banking landscape. This strategic move is expected to have implications for the bank's growth and expansion plans. The CD ratio cushion has given PNB the flexibility to focus on other aspects of its business. The bank's decision to skip the deposit chase is a significant development in the Indian banking sector.