The Punjab National Bank has recently entered into an MoU (Memorandum of Understanding) with the Maharatna PSU Steel Authority of India Limited (SAIL) and agreed to provide home loans, car loans and education loans to the steel giant’s employees at concessional rates. This tactical collaboration between the two state-owned entities shall enhance the financial well-being of SAIL employees while expanding PNB’s customer base within the steel sector.
The said MoU was signed between Mr. Sudhir Dalal, the incumbent General Manager (Business Acquisition and Relationship Management Division) of PNB, and Ms. Lavika Jain, General Manager (Finance) of SAIL and Mr. Bikram Uppal, SAIL’s General Manager (HR), in the presence of PNB’s Executive Director, Mr. Bibhu Prasad Mahapatra, PNB’s Chief General Manager, Mr. Sunil Agrawal, PNB’s General Manager, Mr. Mohit Dhawan, SAIL’s Executive Director (Finance), Mr. Praveen Nigam, SAIL’s Executive Director (HR), Mr. B S Popli and other senior officials.
