What is Punjab National Bank's expansion plan in Bengaluru?

PNB is expanding its digital and start-up banking presence in Bengaluru by opening digital branches in major technology parks to cater to evolving banking needs.

What new credit card has PNB launched?

PNB has launched the 'Luxura' credit card, a premium offering targeted at High Net-worth Individuals (HNIs).

How is PNB supporting women empowerment?

PNB supports women empowerment by having 30% of its workforce as women and offering dedicated initiatives like cancer insurance and priority lending for women entrepreneurs and Self-Help Groups.

Home / Business and Economy / PNB Expands Digital Banking to Bengaluru Tech Hubs

PNB Expands Digital Banking to Bengaluru Tech Hubs

28 Jan

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Summary

PNB will open digital branches in Bengaluru tech parks.
Enhanced MSME Digital Loans and focus on digital government schemes.
Launched 'Luxura' credit card for High Net-worth Individuals.

PNB Expands Digital Banking to Bengaluru Tech Hubs

Punjab National Bank (PNB) is bolstering its digital and start-up banking presence in Bengaluru, signaling a strong commitment to digital growth and engagement with nascent business environments. The bank intends to establish digital branches within prominent technology parks across the city.

These new branches will serve the evolving banking requirements of professionals, corporate clients, and digitally adept customers. PNB has also enhanced its MSME Digital Loans to improve credit access for entrepreneurs and small businesses.

Further initiatives include a focus on digital government schemes such as PM SVAnidhi, PM Vishwakarma, and PM Surya Ghar Muft Bijli Yojana. The bank has also introduced the 'Luxura' credit card, a premium offering tailored for High Net-worth Individuals (HNIs).