PNB celebrates 74th Independence Day

PNB celebrates 74th Independence Day
PNB celebrates 74th Independence Day

PNB MD& CEO unfurls National Flag

at its corporate headquarters

Thesynergyonline Banking Bureau

NEW DELHI, AUGUST 15 :

India's second largest public sector bank, Punjab National Bank (PNB), celebrated 74th Independence Day at its corporate headquarters in New Delhi. Mr CH SS Malikarjuna Rao, Managing Director & CEO of the Bank (MD & CEO), unfurled the National Flag in the presence ofExecutive Directors, Chief General Managers, Senior executives and other employees.

On the auspicious occasion, Mr Rao, MD and CEO announced the launch of the PNB's new and innovative digital campaign, named as "DIGITAL APNAYEN," an initiative to encourage customers to move to digital banking channels for their banking needs.

Highlighting the increasing importance of "self-dependence" on the occasion of the Independence Day:


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PNB would continue to play an integral and indispensable part in the country's journey towards economic progress and urgedall employees to help fulfil the dreams of an economically vibrant and inclusive India. He also highlighted the contribution of various Government schemes, aimed at the financial and digital inclusion of millions of Indians, for makingbanking services universally accessible to all.

PNB MD&CEO CH SS Malikarjuna Rao

According to the campaign, the bank will contribute Rs 5.00 towards the PM CARES Fund on behalf of each customer conducting 'first financial transaction' to activate their RuPay Debit card either on PoS or E-commerce platform, activation of AePS account through fund transfer, activation of AePS account through BHIM Aadhaar Merchants payment, and activation of UPI service. Download and Registration for UPI facility shall also be eligible for contribution. The period of the campaign shall be from 15th August 2020 to 31st March 2021. The campaign is envisaged to encourage customers to use Digital Channels and participate in the noble cause of donating to PM CARES Fund for COVID-19, by PNB.

The campaign is in line with the Campaign introduced by the Mission Office, Dept. of Financial Services, Ministry of Finance, Govt. of India, wherein during the period from 15.08.2020 to 31.10.2020 each branch shall on-board atleast 100 Merchants and Financial Inclusion (FI) segment customers on digital payment mode and extending handholding support to customers for on-boarding for digital paymentsto develop the habit of undertaking digital transactions.