MoneyWorks4Me

Punjab National Bank ties-up with ACE for farm machinery financing

20 Nov 2017 Evaluate

Punjab National Bank (PNB) has tied-up with Action Construction Equipment (ACE) for financing of farm machinery through the bank’s branch network across the country. This tie-up will enable PNB to facilitate the availability of quality farm machinery equipment to its huge farmer base at very low rate of interest of 9.20% per annum. A memorandum of understanding (MoU) was signed between two companies.

PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.


PNB Share Price

114.70 0.70 (0.61%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1096.05
PNB 114.70
Bank Of Baroda 250.00
Canara Bank 131.50
Union Bank Of India 183.35
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