The post PNB Appoints Shri Amit Kumar Srivastava as Executive Director appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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.

The post PNB Signs MoU with Rajasthan Government to Support Rs 21,000 Crore Development Initiatives appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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.

The post PNB Housing Finance Announces Ms. Valli Sekar as the Chief Business Officer – Affordable Business appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The post PNB bags award for Best Data Quality in Commercial Bureau Segment 2023-24. appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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.

The post PNB offers Rakshak Plus Scheme for Defence Pensioners appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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 .

The post REC and PNB to co-finance Infrastructure Projects debts amounting to Rs. 55,000 crore appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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.

The post PNB and REC Ltd. enter into a strategic partnership appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Under the ‘PNB Swagat’ scheme, eligible customers can access loans ranging from Rs 25,000 to Rs 10 lakhs, offering unparalleled financial flexibility. The repayment terms are equally accommodating, with options extending up to 72 months in the form of EMIs or until the borrower reaches the age of 60.

Shri Atul Kumar Goel, MD & CEO, PNB, shared his thoughts at the launch event, stating, “The digital loan portfolio of our bank has witnessed impressive growth over the past year, and the future looks promising. Leveraging the ever-expanding opportunities in the Digital End-to-End Personal Loan Segment and aligning with the Ease 6.0 Reforms Agenda for FY 23-24, we are confident that ‘PNB Swagat’ is poised to revolutionize the banking industry. This cutting-edge digital platform employs automated algorithms to analyze various data points and credit indicators, ensuring rapid and precise loan approval decisions. This not only expedites the loan approval process but also safeguards the bank’s portfolio with minimal risk.”

The ‘PNB Swagat’ Scheme is accessible to salaried individuals aged 21 and above, holding a salary account with any bank in India. The online application process allows customers to request loans ranging from Rs. 25,000 to Rs. 10,00,000, or 10 times the average of their last 10 month’s net salary out of the past 12 months, whichever is lower.

For loans between Rs. 25,000 and Rs. 6 lakhs, customers simply need to sign the e-sanction letter and enter the OTP from their registered mobile number. Customers seeking loans above Rs. 6 lakhs must sign the e-sanction letter and other digital documents using an Aadhaar-based OTP through an e-signing tool based on NeSL (National E-Governance Services Ltd).

In terms of repayment, ‘PNB Swagat’ offers a seamless digital experience by enabling customers to digitally sign the e-Mandate for loan EMIs using the NPCI e-Mandate approval platform. Application charges for the PNB Swagat scheme are set at 0.50% of the loan amount, inclusive of all charges, with a minimum amount of Rs. 500 plus GST. These charges cover documentation, stamp duty, CIC, and other associated fees.

The post PNB launches PNB Swagat: A Seamless Digital Personal Loan Solution for New Customers appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Acknowledging the need for integrating sustainability into every aspect of our lives, Atul Kumar Goel, PNB MD & CEO, said, “The primary objective of this project is to actively contribute to conservation endeavors, foster the adoption of sustainable practices, and promote active employee engagement.”

Under this initiative, one lakh plus employees of PNB will plant minimum two saplings each.Some of the campaign themes under this project include Digi Branches, Green Data Center, Electrical Vehicle Finance, Green Project Finance, Recycling Camps, Tree Plantation Drive, Paper Conservation Drive, Energy Conservation Olympics, Paper Conservation drive etc.

The post PNB launches “Project PNB PALAASH” for environmental sustainability appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The post Union Finance Minister Smt N Sitharaman receives a dividend cheque appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.