Punjab National Bank has been conferred with the “Most Socially Responsive Bank Awards” 2011 by Businessworld- PricewaterhouseCoopers which is easily ahead of the pack making the jury’s decision quite easy. On behalf of the Bank, the Award was received by Smt Usha Ananthasubramanian, Executive Director of the Bank, from the august hands of Hon’ble Finance Minister, Sh. Pranab Mukherjee in Mumbai.
The assessment of the performance for the awards of the most socially responsive Bank consist of Growth score in priority sector advances & total agriculture advances and Reach & Delivery score. Also for the first time it incorporated customers’ views for arriving at the final ranking. PNB amongst the pack attained the top slot in reach score.
With a 117 year long tradition in sound & prudent banking and over 68 million satisfied customers, PNB has always remained committed towards fulfilling the national goals in lending towards priority sectors, maintaining the highest standards of service, professional excellence and integrity in the banking service.
Bank’s social responsibility programmes are anchored in our commitment to supporting inclusive and sustainable growth by providing viable financial solutions to the cross-section of the people. While, the Bank is providing full support to development of agriculture, medium and small scale industry, women empowerment and financial inclusion, it is facilitating rural development through various interventions like educating farmers on progressive agricultural practices, imparting entrepreneurial skills for self-employment and increasing financial literacy amongst the population.