Punjab National Bank (PNB) plans to establish a representative office in Dubai, aiming to broaden its international reach. With board approval secured, regulatory clearance is underway, targeting operationalization within the current fiscal year. As of March 2024, PNB operates in six countries. To bolster profitability, the bank emphasizes expanding retail, agriculture, and MSME portfolios, alongside prudent corporate lending and enhanced recovery measures. Strategies include boosting forex and fee income, augmenting low-cost deposits (CASA), and maintaining credit costs below 1%.