To accelerate the economic development of Rajasthan, the country’s leading bank, Punjab National Bank (PNB), has signed a major agreement (MoU) with the Rajasthan government. Under this agreement, PNB will provide financial assistance of ₹ 21,000 crores over the next three years to promote the state’s “Rising Rajasthan” initiative.
This initiative will take Rajasthan’s social and economic development to new heights. This partnership will greatly benefit the entrepreneurs and common people of the state, and they will be able to easily avail themselves of the bank’s services.
PNB’s focus on improving services
At a press conference held in Jaipur, PNB MD and CEO Ashok Chandra said that “PNB is happy to be a partner in Rajasthan’s ambitious development journey.” He also emphasized PNB’s wide product range and digital capabilities, which will be used to promote socio-economic progress in the state.
He also reviewed the functioning of some of the bank’s branches and ATMs during his Jaipur visit. During this, he interacted with customers and said that the main goal of PNB is to strengthen digital banking and financial empowerment.
Entrepreneurs and women got big support
Ashok Chandra encouraged entrepreneurs of the micro, small, and medium enterprise (MSME) sector to take advantage of PNB’s digital platform. He also attended a program organized at the bank’s Rural Self-Employment Training Institute, Balukheda, where he handed over loan sanction letters to 2,000 women entrepreneurs in the presence of about 3,000 self-help group (SHG) members. This step is a big and important step towards women’s empowerment.
Excellent performance of PNB Jaipur Zone
On this occasion, Ashok Chandra also praised the excellent performance of PNB Jaipur Zone. PNB Jaipur Zone Zonal Head Rajesh Bhowmik said that the zone is providing services to customers across Rajasthan through 10 circle offices, 738 branches, 755 ATMs, and 2,300 BC locations, ensuring banking access even in remote areas.
He further said that PNB’s new digital products, such as quick loans, deposits, and account opening, are becoming quite popular among customers. This partnership brings a new hope for the development of Rajasthan and promises to provide better financial facilities to the people of the state.