PNB

Punjab National Bank (PNB), one of India’s leading public sector lenders, is set to undertake a major restructuring of its credit card operations from November. The move is aimed at strengthening its market position, enhancing customer engagement, and expanding its digital offerings at a time when the credit card industry is witnessing rapid growth. The revamp is expected to align PNB’s card business with evolving consumer preferences, regulatory directives, and competitive pressures from private players and fintech-led issuers.

Punjab National Bank (PNB) has signed a memorandum of understanding with the Central Reserve Police Force (CRPF) to provide a tailored package of insurance and financial benefits to serving and retired personnel. The initiative is aimed at strengthening social security for India’s largest paramilitary force, ensuring financial protection for members and their families. The pact covers a wide range of services, including accident and health insurance, concessional loans, and dedicated banking assistance.