Punjab National Bank (PNB) has announced that the Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions. The Nirav Modi scam-hit bank is also rated as the sixth overall amongst all banks in India for digital performance.
The bank is rated as ‘Good’ by the government with a score of 71 which is the highest category of performance. PNB average percentage of technical declines is only 0.83 per cent of total transactions which is an achievement in itself.
Source- The Hindu Business Line
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Sunil Mehta is the CEO of Punjab National Bank.
- It headquarters in New Delhi.