Punjab National Bank (PNB) has opened second centralised loan processing centre (CLPC) in a Mumbai branch. By this move, the bank aims to strengthen its internal systems and processes.
The bank focuses on profit maximization, new ideas for augmenting retail business, innovative vigilance practices, reducing error and complaints, increasing productivity and improvement of asset quality. The bank hopes that the lender will bounce back within six months.
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.
