K.R. Kamath, CMD, PNB, inaugurates 21 new Branches in Eastern UP
PSU

K.R. Kamath, CMD, PNB, inaugurates 21 new Branches in Eastern UP

sarkarimirror

K.R. Kamath, CMD, PNB, inaugurates 21 new Branches in Eastern UP

Shri K.R. Kamath, Chairman and Managing Director, Punjab National Bank, visited Lucknow today.

On this occasion he inaugurated 21 new Branches of the Bank in East UP under the command of Field General Manager, East UP.

During his visit, Mega Retail Loan Camps were organized and the Branches of the Bank spread over 38 Districts of East UP sanctioned Retail Loans over 61 Crore.

With an increased focus on improving the asset quality of the Bank, Recovery & OTS Camps were also organized by the Bank in all 38 Districts under FGMO, East UP which yielded OTS approvals and other recoveries in 1184 cases amounting to over Rs.7.50 Crore.

Coinciding with the visit of Shri Kamath, the Branches under FGMO, Lucknow also launched a Campaign for marketing of Life Insurance Products under tie-up with PNB Metlife and grossed 217 Life Insurance Policies with aggregate Premium of Rs.73.50 Lacs on a single day.

Shri Kamath also presided over a Customer Meet organized by the Bank at Lucknow and held detailed discussions regarding Bank’s contribution to the growth of the State. The Customers included the Top Industrialists & promoters of leading Educational Institutions from the Region amongst others.

Shri Kamath also inaugurated the newly constructed State-of-the-Art 6 Storeyed Regional Staff College Building (RSC) of PNB at Vibhuti Khand, Lucknow. The RSC shall cater to training needs of the Staff from the States of Uttar Pradesh, Uttarakhand, Bihar, Jharkhand, West Bengal and the North East.