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Punjab National Bank opened its 69th branch

Started by sajiv, Nov 12, 2008, 11:28 AM

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PNB opens branch

KHAMMAM: Punjab National Bank on Tuesday opened its 69th branch in the AP Circle at Khammam. Inaugurating the branch, district Collector Shashibhushan Kumar called for steps to meet the credit needs of the peasant community in a big way.

K.K. Aravindakshan, Deputy General Manager of the bank, said the thrust was on expansion of agriculture credit in a big way in rural and semi urban areas. Equal importance was attached to SHG lending. The bank was participating in the smart card project of the State government for paying social security pensions and NREGP wages.

He said that the bank was getting ready to issue some 40,000 smart cards. With a net profit of 46.75 crores, the AP Circle of the bank could register a growth of 42.44 per cent.


PNB plans more branches, ATMs

Coimbatore: The Punjab National Bank (PNB) on Friday inaugurated an Automatic Teller Machine (ATM) kiosk at the Coimbatore Railway Junction.

The ATM was inaugurated by Station Master, Coimbatore Junction, L. Chinnarasu, in the presence of Circle Head of PNB, Tiruchirapalli, S.M. Veerappan.

The official said that PNB was planning to open more branches and ATM kiosks at Hosur and Tiruchengode in Western Tamil Nadu besides two ATMs at Kumbakonam and Rajapalayam. V. Muthukumar, Senior Manager of the bank, in a release, said the bank had taken up the clearing operations in Erode district.