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Latest PNB Suchna

Clarification regarding false reports concerning Brady House operations

Contrary to false reports, PNB has no plans to close operations in the Brady House branch in Mumbai. The Brady House branch continues to operate as normal and remains fully operational. Reallocation of some of the large value accounts is part of the regular restructuring process at PNB to strengthen internal systems and processes and centralize certain critical functions. Retail operations for PNB customers continue to operate from the branch.

Precautions for Inland Letter of Guarantee (ILG)

“A message containing details of Inland Letter of Guarantee (ILG), issued in paper form by our offices, is also transmitted electronically through Structured Financial Messaging System (SFMS) platform to beneficiary’s Bank. Beneficiaries may therefore, in their own interest, verify the genuineness of Inland Letter of Guarantee (ILG) issued by our offices, from their Bank/Branch. Also, the genuineness of guarantee may be got verified from the Branch’s controlling office (Details of controlling office are available on PNB’s website under About us-> Organisational Structure->Circle Offices)”.

PNB`s Mission Parivartan explained

Mission Parivartan, a transformational exercise for Business Excellence, spells various focus areas and strategies of our Bank for ensuring greater Efficiency, Productivity and Profitability for long term sustenance, helping transform PNB into a Preferred National Bank.

PNB`s Dynamic Workforce

Did you know that close to 40,000 of our employees are millennials? That’s around 53% of our total employee base! PNB, India’s second largest among public sector banks in terms of business and total assets, operates through four segments: Corporate/Wholesale banking, Retail banking, Treasury and Other banking operations. Here are some interesting stats to know our dynamic and vibrant workforce better.

PNB Dynamic Workforce Infographic

PNB embarks on Mission Parivartan

In keeping with the dynamic business environment, the Bank has embarked on Mission Parivartan – a structured approach for keeping the long-term success of the Bank in mind. An Independent think tank on the lines of *NITI Aayog* named *Mission Parivartan Division* will act as the catalyst to ensure the 3 Cs i.e. Commitment, Collaboration and Communication bring together all internal stakeholders. The think tank will provide both directional and policy inputs and also act as a platform to enhance ownership, commitment and involvement of HO Divisions and all internal stakeholders in the policy making process using the bottom’s up approach.

PNB Mission Parivartan Infographic
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