S.S. Mallikarjuna Rao has been appointed as the new MD and CEO of Punjab National Bank. Rao, currently MD and CEO of Allahabad Bank, will spearhead the merger process that will see 3 banks – Punjab National Bank, Oriental Bank of Commerce and United Bank of India – combine to form the country’s second largest […]
PNB plans to transform its sales, marketing functions
Punjab National Bank is envisaging a transformation in its sales and marketing functions and it has sought the services of consulting firms to advise it on this project. The bank wants to offer world-class sales and marketing services for the benefit of its customers and the selected consultant is expected to help it devise a […]
Punjab National Bank has received $100 million from the Asian Development Bank as the first tranche of the development bank’s multi-million-dollar funding for installation of rooftop solar systems in India. The bank will use this funding to provide loans to developers and end users to install large solar rooftop systems on industrial and commercial buildings […]
Punjab National Bank has engaged cricketer Virat Kohli as its brand ambassador. The bank wants to improve its image which has taken a hit due to rising bad loans. Kohli said ‘PNB is Mera Apna Bank’ as he has been an account holder of the bank since the age of 16.
Punjab National Bank is planning to implement a device binding solution for secure file transfer, secure remote access of system over network and e-Com transactions of customers and the internal connectivity based solutions of the bank. It is looking for a system integrator for the purpose. The solution would have features such as multifactor authentication, […]
Punjab National Bank wishes to set up an intrusion prevention system for its internal network at its data center. The bank has sought proposals for the same. The bank wants a heterogeneous network system (internal network accessed by the branches and various other entities and external network accessed by customers and related entities). The selected […]