The award was presented by S. P. Singh Baghel, Union Minister of State, Government of India, along with K. Surendra Nath (Retd.), to Sumesh Kumar, Chief General Manager (HR), and Preeti Jha, General Manager (Learning & Development), on behalf of the bank.

The recognition highlights PNB’s continued commitment to nurturing talent, strengthening capabilities and promoting a culture of continuous learning across the organisation.

Shri  Chandra emphasized that the agreement would accelerate socio-economic growth and further PNB’s national development mission. During his visit to Jaipur, Chandra inspected key branches and ATMs, interacted with customers through the ‘Customer Outreach Programme’, and reaffirmed the bank’s commitment to digital banking and financial inclusion, emphasizing service excellence for its 18.5 crore customers. Rajasthan Chief Minister Bhajan Lal Sharma also highlighted the significance of the MoU, describing it as a decisive step towards realizing the vision of a ‘Developed Rajasthan’ by providing essential financial support for various government projects. The signing, attended by senior officials including Principal Secretary (Finance) Vaibhav Gahlot, underscores the collaborative effort to align PNB’s financial services with Rajasthan’s developmental agenda.

Bengaluru, 5^th August, 2025: PNB Housing Finance, one of India’s leading housing finance companies, announced the appointment of Ms. Valli Sekar as the Chief Business Officer – Affordable Housing. She was elevated from her previous role as the Chief Sales and Collections Officer – Affordable Business. In her new role, she will be overall in-charge of the Company’s affordable housing business – Roshni, including the sales, credit, product and collections for the segment.

Ms. Sekar carries a rich experience of 25 years in the financial services sector and has been associated with the organization for over three years now. She was instrumental in establishing the affordable business in PNB Housing Finance, which has emerged as a key growth driver for the company. The vertical has shown impressive growth in disbursements – crossing ₹5,000 crores of loan assets in just 9 quarters, along with a strong national footprint of 200 Roshni-dedicated branches, especially across underserved markets. Under her strategic leadership, the segment has strengthened the company’s mission of enabling home ownership for aspiring families and individuals, while contributing meaningfully to financial inclusion goals.

Ms. Sekar holds a Post Graduate Program in Management for Executives, specializing in Marketing, from Great Lakes Institute of Management. Her professional journey includes senior roles in reputed housing finance institutions such as Shriram Housing Finance, Mahindra Housing Finance, Aadhar Housing Finance, among others.

This benefit also extends to pensioners of Central & State Police. Some of the main features of the scheme include:

Personal Accidental Insurance (PAI) (Death Cover):       Rs 50 Lakh

Personal Accident Permanent Total Disability (PTD):      Rs 50 Lakh

Personal Accident Permanent Partial Disability (PPD):     Up to 50 Lakh

Air Accidental Insurance (AAI) (Death Cover):                  Rs 1 Crore

Additionally, the scheme offers many other facilities. For further information, customers can contact the bank via the toll-free numbers 1800 1800/1800 2021 or visit the nearest PNB branch.

Shri T.S.C Bosh, Executive Director REC and Shri Rajeeva, CGM , PNB signed the MoU in the
presence of Shri Ajoy Choudhary, Director Finance, REC; Shri V K Singh, Director Technical,
REC .

New Delhi, 26 September 2023: In a significant development aimed at bolstering the country’s economy and infrastructure, Punjab National Bank (PNB), nation’s leading public sector bank, has entered into a Memorandum of Understanding (MoU) with REC Ltd., a Maharatna company under the administrative control of the Ministry of Power and registered with RBI as a non-banking finance company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC).

Through this MoU, PNB and REC Ltd. will work closely to identify and facilitate lending opportunities in sectors of paramount importance. Additionally, this collaboration emphasises both brands' commitment to the country’s economic growth and development.

The MoU was signed in the presence of Mr. Rajeeva, PNB Chief General Manager-Corporate Credit, and Mr. T.S.C. Bosh, REC Ltd Executive Director –BD&M/I&L, along with other senior officials from both organisations.