Punjab National Bank Celebrates The Spirit of Womanhood

  Felicitates “PNB Prerna members” and women employees on the International Women’s Day

 Collaborates with Thy Kingdom Come Foundation for improving women livelihood as a CSR initiative

New Delhi, 8 th March 2021: Nation’s leading public sector bank, PNB organised a felicitation ceremony on International Women’s Day to commemorate women employees for their unflinching commitment and standing together as a family in making the banking experience seamless even during the pandemic. The event started with lightning of the ceremonial lamp by Mrs. Janaki Mallikarjuna Rao, President, PNB Prerna, Mrs. Sangeeta Kumar, VP, PNB Prerna, Mrs. Anjana Dube, VP, PNB Prerna and other senior members. The bank felicitated PNB’s women warriors Ms. Akansha Chaudhary, Para Shooter, Ms. Oli Mishra, artist (specially abled) and Ms. Mandavi Garg, musician (specially abled).

As part of its CSR initiative, PNB has collaborated with Thy Kingdom Come Foundation, an NGO based out of New Delhi. The bank has installed Automated Sanitary Pad Vending Machines and electric incinerators at different NGO locations in New Delhi. PNB also gave sewing machines and distributed sanitary pads.

PNB has an illustrious history of 127 years, where women employees have been equal growth partners, who have been the harbingers of transformation and have been a part of the overall growth story. Today, 5.56% of top management of PNB consists of women workforce and 21.27% constitute the clerical staff. Also, the Officer Cadre in Punjab National Bank makes up a whopping 24% of women workforce, from all cadre scale 1 to 8.

Speaking on the occasion, Sh CH. S. S. Mallikarjuna Rao, MD & CEO, PNB said “Over the years, women have played a multifaceted role in in eminently managing their responsibilities. We have seen an increase in women workforce and women entrepreneurs in multiple domains and geographies, yet it is not enough. Our objective is to increase women’s participation and that is only possible when we recreate a more balanced environment.

At PNB, we always aim at providing a more diverse environment and encourage women to move in the right direction. We ensure that parity and diversity are maintained in every layer of the management. It’s time for women to show the renewed element of energy that they can do much better than others.”

This year’s International Women's Day campaign theme “Choose To Challenge” that signifies that women can choose to challenge gender bias and inequality in the world and status quo for betterment and amelioration. The theme is in sync with the ideology of PNB to support women through their multiple schemes like PNB Mahila Udyam Nidhi Scheme, PNB Mahila Samridhi Yojna, Scheme for Financing Creches, PNB Mahila Sashaktikaran Abhiyan and the PNB Power Ride Scheme.

Details of the schemes:

PNB Mahila Udyam Nidhi Scheme is to meet the equity gap, to assist women entrepreneurs in setting up new projects in tiny /small scale sector and rehabilitation of viable sick SSI units. Under the scheme of financing Creches, support is extended to working women in terms of making cheaper and easier credit available for financing Creches.

PNB Mahila Samridhi Yojna encompasses four schemes for underprivileged women entrepreneurs who can avail of this loan facility at low rates of interest for self-reliance.

PNB Mahila Sashaktikaran Abhiyan the bank extends credit to NGOs for the benefit / on lending to women either through SHGs or individually for setting up of small & micro-enterprises in the non-farm sector.

PNB Power Ride Scheme all women with a minimum net monthly income of Rs. 8000 are eligible to apply for a two-wheeler loan.