New Delhi, November 27, 2024 (TBB Bureau): Punjab National Bank (PNB), India’s leading public sector bank, has unveiled a major enhancement to its NRI services with the launch of a 24×7 NRI Customer Service Centre on November 23, 2024. This new initiative, aimed at improving customer experience and meeting the growing demands of Non-Resident Indian (NRI) clients, was introduced alongside ...

New Delhi, October 28, 2024 (TBB Bureau): Punjab National Bank (PNB) on Monday reported a standalone net profit of Rs 4,303.5 crore for the quarter ending September 30, 2024, reflecting a remarkable growth of 145 per cent from Rs 1,756 crore in the same quarter last year. This significant increase is attributed to a substantial reduction in new provisions and ...

New Delhi, September 27, 2024 (TBB Bureau): On the occasion of World Tourism Day, Punjab National Bank (PNB), one of India’s leading public sector banks, is encouraging its customers to explore the world’s diverse landscapes and cultures without the hassle of currency management. With the launch of the PNB Multi-Currency World Travel Card, globetrotters and business travellers can now enjoy ...

New Delhi, August 26, 2024 (TBB Bureau): Punjab National Bank (PNB), one of the country’s leading public sector banks, has further enhanced its WhatsApp Banking Services by introducing two new features that allow customers to download their account statements and interest certificates directly via WhatsApp. These new features complement the growing array of non-financial services offered through PNB’s WhatsApp Banking, ...

New Delhi, August 1, 2024 (TBB Bureau): Punjab National Bank (PNB), nation’s leading public sector bank, has upgraded the insurance coverage and benefits for Assam Rifles personnel under its “PNB Rakshak Plus” scheme, reinforcing its dedication to supporting the Assam Riffles. The enhanced benefits of PNB Rakshak Plus offer comprehensive coverage including a Personal Accidental Insurance of Rs 1 crore ...

TBB BUREAU NEW DELHI, FEB 23, 2024 Punjab National Bank (PNB) has announced a significant partnership with IoTechWorld Avigation Private Limited through the signing of a Memorandum of Understanding (MoU) to finance Agriculture Drones under the Agriculture Infrastructure Fund (AIF) scheme. The signing ceremony, which took place on Friday, marked the exchange of agreements between PNB’s General Manager of the ...

TBB BUREAU NEW DELHI, OCT 9, 2023 Bibhu Prasad Mahapatra has assumed charge as the Executive Director on the Board of Punjab National Bank (PNB) with effect from October 09, 2023 for a period of three years or up to the date of his attaining the age of superannuation. A post graduate in Political Science from Utkal University and a ...

TBB BUREAU NEW DELHI, SEPT 5, 2023 Punjab National Bank (PNB) has announced the launch of India’s Central Bank Digital Currency (CBDC) with Unified Payments Interface (UPI) Interoperability feature in its Digital Rupee mobile application. This move is in line with the RBI’s CBDC pilot project, and unleashes a new potential in India’s payment ecosystem. PNB customers can now use ...

TBB BUREAU NEW DELHI, MAR 16, 2023 With the aim of facilitating farmers and traders in providing low interest rate loans, Warehousing Development Regulatory Authority (WDRA) exchanged a Memorandum of Understanding (MoU) with the Punjab National Bank (PNB) on Thursday in the presence of WDRA Chairperson TK Manoj Kumar, its Member Mukesh Kumar Jain, PNB Managing Director & CEO Atul ...

TBB BUREAU NEW DELHI, APRIL 4, 2022 In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) has made Positive Pay System (PPS) mandatory for cheque of Rs.10 lakh and above from April 4, 2022. As per the Positive Pay System (PPS) developed by the National Payments Corporation of India (NPCI), a customer ...