"We have so many investments, we have to take a call at the appropriate time. The bank may consider sale of certain important core assets. We are trying to get their valuations first. We need to decide what to dispose, how much it will fetch" PNB Managing Director Usha Ananthasubramanian said.
PNB has subsidiaries like, PNB Housing Finance, PNB Gilts, and PNB Investment Services. Besides, it is one the sponsors of the country's oldest asset management company UTI Mutual Fund.
"We have acquired 7 banks in the past. We have good real estate but government need to support banks," she said. As part of government's capital infusion plan for public sector banks, PNB got Rs 1,732 crore during the current fiscal to meet global risk norm (Basel III).
However, the bank would require more capital to fund its balancesheet growth and other addressing the issue of bad loans.
If the bank goes to the market, it would attract good valuation on account of its strong financial credentials, she said. "PNB's NIM (net interest margin of 2.75 per cent) is the highest among all large banks. The bank comes with a certain strength. Our operating profit is good. We are working out other issues," she said.


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