''There will not be any change in the deposit or lending rate in the near future,'' PNB Chairman and Managing Director K C Chakrabarty told reporters on the sidelines of inauguration of bank's micro finance branch here. The bank will maintain net interest margin within 3.5-3.6 per cent for 2007-08, he added. Mr Chakrabarty also said, ''We are confident of meeting the profit target.'' The bank will announce its results for the financial year 2007-08 tomorrow.
Earlier, Mr Chakrabarty had said the bank would be posting profits to the tune of Rs 1,800-1,900 crore during last fiscal.