MoneyWorks4Me

PNB planning to accelerate self-service, focus on automation

13 Jul 2020 Evaluate

Punjab National Bank (PNB) is planning to accelerate self-service and focus on automation with a view to optimise processes, employees and workplace and thus deal with the challenges following the outbreak of coronavirus. The current crisis will steer the banking industry to remote working which is likely to shape the cost structure in the days ahead. The MSME, agriculture, agro-based industries, healthcare, among others, present ample opportunities for growth and lending.

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.

Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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