MoU Signed Between Indian Army And PNB

An MoU was signed between the Indian Army and Punjab National Bank on the Defence Salary Package. The signing ceremony was chaired by the Adjutant General, Lt Gen Ashwani Kumar. 

Salient features of the improved and updated MoU are free ‘RAKSHAK PLUS’ Scheme for serving pers and veterans, overdraft facility range from Rs 0.75 to 3.0 lakhs, multicity ‘At Par’ cheques, instant credit of outstation cheques, preferential allotment of lockers at concessional AMC and free SMS alerts. 

Source- Press Information Bureau (PIB)

Static/Current Takeaways Important For IBPS Clerk Mains Exam:

  • General Bipin Rawat is the present Chief of Staff of Indian Army. 
  • Sunil Mehta is the Managing Director & Chief Executive Officer of PNB.
  • PNB Headquarters in New Delhi. 

FInd More Agreements Here

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