17-07-2025
Punjab Bank organises retail outreach programme, promotes green loans
Punjab National Bank (PNB) executive director D. Surendran on Thursday said that financial institutions such as banks play a key role in creating sustainable infrastructure aligned with the 'Viksit Bharat 2047' vision.
Addressing the Monthly Retail Outreach programme organised by PNB's Visakhapatnam Circle Office, Mr. Surendran said, 'Banks are no longer mere intermediaries; they are now enablers of long-term development. Housing loans, for example, generate both assets and social stability.'
The event drew participation from stakeholders in real estate, auto-mobile, and renewable energy sectors, in particular. The bank showcased its diverse retail portfolio — including housing, vehicle, mortgage loans, rooftop solar financing, and digital services — through over 20 stalls.
CREDAI Visakhapatnam chairman V. Dharmender, who attend the event as the guest of honour, stressed the need for EMI flexibility to support self-employed borrowers. 'The real estate market is stabilising, and innovative banking products can further accelerate recovery,' he said.
Loan sanction letters for home and education categories were handed over to eligible customers during the programme.
