The Business Bytes
New Delhi, July 11, 2024 (TBB Bureau): Punjab National Bank (PNB), the nation’s leading public sector bank, has signed a Memorandum of Understanding (MoU) with the Steel Authority of India Limited (SAIL) to provide Home Loans, Car Loans, and Education Loans to SAIL employees at concessional rates and with attractive features.
This strategic partnership aims to enhance the financial well-being of SAIL employees while expanding PNB’s customer base within the steel sector.
The MoU was signed by PNB General Manager – Business Acquisition & Relationship Management Division (BARM), Sudhir Dalal; SAIL General Manager – Finance, Lavika Jain; and SAIL General Manager – HR, Bikram Uppal.
The signing ceremony was graced by the presence of PNB Executive Director, Bibhu Prasad Mahapatra; PNB Chief General Manager, Sunil Agrawal; PNB General Manager, Mohit Dhawan; SAIL Executive Director – Finance, Praveen Nigam; SAIL Executive Director – HR, BS Popli; and other senior officials from both organizations.
This collaboration marks a significant milestone in the relationship between PNB and SAIL, reinforcing their commitment to providing exceptional financial services to their employees. Through this partnership, SAIL employees will have access to exclusive loan products with competitive interest rates and flexible repayment options tailored to meet their specific needs.
