PNB, BSNL Join Hands for Mobile Wallet Speedpay Rollout

Punjab National Bank and state-run firm BSNL teamed up to roll out open mobile wallet Speedpay across 10 states in the country. PNB Speedway wallet will operate like any other mobile wallet for paying bills, recharging phone besides its users will be able to deposit and withdraw money from authorized retail outlets.

Under the agreement, BSNL will expand Speedpay services in Punjab, Chandigarh(UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and Uttarakhand.
Important Takeaways from Above News-
  • Sunil Mehta is the MD & CEO of Punjab National Bank.
  • PNB is headquartered in New Delhi.
  • Chairman & Managing Director of BSNL is Shri Anupam Shrivastava.
Source- The Economic Times

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