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Punjab National Bank inks MoU with Central Warehousing Corporation

10 Mar 2023 Evaluate

Punjab National Bank (PNB) has inked a Memorandum of Understanding (MoU) with Central Warehousing Corporation to facilitate financing under e-NWR (Electronic Negotiable Warehousing Receipt). The partnership is aimed at providing easy access to finance to farmers/ food processors/ traders against the pledge of agriculture commodities stored in CWC warehouses.

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 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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