The Business Bytes
TBB BUREAU
BHUBANESWAR, JANUARY 15, 2021
Public sector lender Punjab National Bank (PNB) has dedicated six of its branches to war heroes who were conferred gallantry awards in various battles and operations.
PNB’s Jalandhar Cantonment branch has been named after Flying Officer Nirmaljit Singh Sekhon, the only IAF officer to have been decorated with the nation’s highest gallantry award Param Vir Chakra (PVC).
The branch at Jammu Cantonment has been named after Naib Subedar (Honorary Captain) Bana Singh, who led the team which conquered the highest peak in Siachen glacier as part of Operation Rajiv in 1987 for which he was awarded the PVC.
Two other branches have also been renamed after PVC recipients – Capt Manoj Kumar and Havildar Major Piru Singh. Pandey’s name has been etched at the Lucknow’s Sadar Bazar branch, while a branch in Jaipur has been named after Singh.
Maha Vir Chakra recipients Brigadier Mohammad Usman and Captain Anuj Nayyar have a branch in Agra and New Delhi, respectively, named after them.
PNB also honored the valour and unflinching commitment of the armed forces by offering “Rakshak Plus Salary Account”, a specialized scheme for all serving defense personnel, veterans and trainees. It offers attractive rates and benefits to account holders in terms of retail loans, credit cards, fixed deposits and insurance, Air Accident (Death) insurance of up to Rs.1 crore and personal accident covers (Death/Permanent Total Disability) and insurance (PAI) to the tune of Rs. 30 lakh.
PNB offers services across 10,900 branches and especially designated 118 branches for armed forces which are well positioned in cantonment areas across the nation.
