Punjab National Bank (PNB) has on-boarded Account Aggregator (AA) platform to help customers digitally access and share information from one financial institution to other regulated such entities. The AA system helps banks leverage data acquired digitally through customers' consent. It thus eliminates the need for physical documentation furnishing by a customer for other financial usages. PNB is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and Financial Information Provider (FIP).
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.
