THEBUSINESSBYTES BUREAU NEW DELHI, DECEMBER 1, 2025 In a landmark moment that blends sporting excellence with financial leadership, Punjab National Bank (PNB) today announced Indian Women’s Cricket Captain and World Cup Champion Harmanpreet Kaur as its first-ever female brand ambassador. The announcement marked a significant step in the Bank’s ongoing brand transformation and its vision of “Banking On Champions.” The ...
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PNB empowers parents with NPS Vatsalya Account opening via PNB ONE
THEBUSINESSBYTES BUREAU NEW DELHI, NOVEMBER 13, 2025 Celebrating Children’s Day with a focus on financial security for the next generation, Punjab National Bank (PNB), one of India’s leading public sector banks, has announced the introduction of NPS Vatsalya services on its mobile banking app, PNB ONE. This innovative digital facility allows customers to seamlessly open and contribute to both NPS ...
Read More »PNB observes Vigilance Awareness Week 2025, reinforcing integrity and transparency
THEBUSINESSBYTES BUREAU NEW DELHI, OCTOBER 27, 2025 Punjab National Bank (PNB), one of India’s leading public sector banks, inaugurated the Vigilance Awareness Week 2025 at its Corporate Office in Dwarka, New Delhi, under the theme “Vigilance: Our Shared Responsibility.” The observance began with MD & CEO Ashok Chandra and Chief Vigilance Officer Raghvendra Kumar administering the Integrity Pledge to staff ...
Read More »PNB offers e-Vehicle loans at interest rates starting from 8.30pc to boost green mobility
THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 Reaffirming its commitment to environmental sustainability on World Environment Day, Punjab National Bank (PNB), one of India’s leading public sector banks, has announced a special initiative to promote green mobility. As part of this effort, PNB is offering electric vehicle loans at interest rates starting from 8.30 per cent, with an exclusive 0.05 ...
Read More »PNB urges customers to update KYC by March 26
THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 27, 2025 Punjab National Bank (PNB), one of India’s leading public sector banks, has urged customers to update their “Know Your Customer” (KYC) details by March 26, 2025, in compliance with Reserve Bank of India (RBI) guidelines. This requirement applies only to customers whose accounts were due for KYC updation as of December 31, 2024. ...
Read More »PNB strengthens NRI services with 24×7 Customer Service Centre and new offerings
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 ...
Read More »PNB Q2 FY25 net profit soars 145pc YoY to Rs 4,303 crore
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 ...
Read More »PNB launches Multi-Currency World Travel Card to simplify international travel
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 ...
Read More »PNB enhances WhatsApp banking services with new features
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, ...
Read More »PNB enhances insurance coverage for Assam Rifles personnel under “PNB Rakshak Plus” scheme
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 ...
Read More »PNB partners with IoTechWorld Avigation to finance agriculture drones
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 ...
Read More »Bibhu Prasad Mahapatra takes over as PNB Executive Director
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 ...
Read More »PNB introduces CBDC-UPI interoperability for seamless transactions via PNB Digital Rupee App
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 ...
Read More »WDRA and PNB ink pack to facilitate finance against e-NWRs
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 ...
Read More »PNB announces mandatory verification of high-value cheques
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 ...
Read More »PNB launches co-branded credit card with Patanjali in partnership with RuPay
TBB BUREAU NEW DELHI, JANUARY 31, 2022 Punjab National Bank (PNB) and Patanjali Ayurved Limited (PAL) have launched co-branded credit cards in partnership with the National Payments Corporation of India (NPCI). The co-branded credit cards are offered on NCPI’s RuPay Platform and are available in two variants – PNB RuPay Platinum and PNB RuPay Select. Starting the New Year on ...
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