WDRA signs MoU with Punjab & Sind Bank to facilitate loans at low rates to farmers
The MoU was signed with the intent of promoting awareness to fund against e-NWRs (electronic Negotiable Warehouse Receipt).
The MoU was signed with the intent of promoting awareness to fund against e-NWRs (electronic Negotiable Warehouse Receipt).
A special programme organized at the corporate office of the bank was inaugurated by P Daniel, secretary, Central Vigilance Commission.
While working as general manager in the Punjab & Sind Bank, he made a significant contribution to retail, agriculture & MSME(RAM) credit and Cenmarg.
Staff including the MD & CEO, ED, Chairman and Directors of Bank participated whole heartedly in this Campaign and took “Swachhata Pledge” and participated in Special cleanliness drive
Sitharaman said that GoI under the leadership of Hon’ble Prime Minister, Sh. Narendra Modi Ji is taking every possible step to ensure that poorest of the poor can have access to banking facilities even in the remotest corner of the country.
the inaugural ceremony, Zonal Heads assured to provide best services through these new branches and help in fulfilling various banking needs of the people at large.
The celebrations commenced with the pledge ceremony in the Board Room of the Bank at Head Office Rajendra Place New Delhi, where the “Integrity Pledge” was administered to the staff, by the worthy MD & CEO, Executive Directors, and Chief Vigilance Officer.
Punjab & Sind Bank has organized Credit Outreach Program (for Govt Sponsored schemes) at Faridkot.
These branches were inaugurated by Director Shankar Lal Aggarwal and Zonal Head Sudhish Bajpai on 11th and 12th October 2022.
The bank's asset quality showed an improvement and the gross non-performing assets (NPAs or bad loans) came down to 13.33 per cent of the gross advances as of June 30, 2021, against 14.34 per cent a year ago.
