PNB and SAIL Forge Partnership to Enhance Financial Services for Steel Sector Employees

PNB (Punjab National Bank) has entered into a Memorandum of Understanding (MoU) with Steel Authority of India Limited (SAIL), marking a strategic partnership aimed at enhancing financial services for SAIL employees and expanding PNB’s customer base within the steel sector.
Under the agreement, PNB will offer specialized financial products such as car loans, home loans, and education loans to SAIL employees at preferential rates. The MoU was formalized by Sudhir Dalal, General Manager of PNB’s Business Acquisition & Relationship Management Division (BARM), Bikram Uppal, General Manager of SAIL, and Lavika Jain, General Manager – Finance at SAIL.
This collaboration is expected to bolster financial well-being among SAIL employees while augmenting PNB’s market presence in the industry sector.