New Delhi, Oct. 19 -- M Paramasivam, Executive Director of Punjab National Bank (PNB), stated on Sunday that the bank is focusing on strengthening its core segments -- retail, agriculture, and MSME loans and deposits -- as part of its growth strategy.

In banking, RAM is a common acronym for the Retail, Agriculture, and MSME loan and deposit segments. Banks focus on this sector because it represents a significant portion of their business and is often a key driver for growth.

Speaking to ANI after the announcements of financial results, Paramasivam said, "This quarter we have focused more on retail, agri and MSME. In fact, corporate growth has little subdued at almost 7.9 per cent, and if you touch the retail loans, vehicle loans have cr...