Punjab Nationwide Financial institution (PNB) on Saturday signed a Memorandum of Understanding (MoU) with the Rajasthan authorities to increase Rs 21,000 crore in monetary assist below the state’s Rising Rajasthan initiative.
PNB MD & CEO Ashok Chandra mentioned the financial institution was “delighted to accomplice in Rajasthan’s formidable development story”, including that its broad presence and digital capabilities would assist drive socio-economic progress.
Throughout his Jaipur go to, Chandra additionally distributed 2,000 mortgage sanction letters to ladies entrepreneurs at a self-help group mortgage distribution ceremony attended by almost 3,000 SHG members. He urged MSMEs to leverage PNB’s digital platforms for simpler entry to authorities schemes.
The PNB chief additionally held a city corridor with workers, stressing digital adoption, monetary inclusion and fraud prevention.
