Punjab National Bank (PNB) and National Scheduled Castes Finance and Development Corporation (NSFDC) have tied up to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL).
A Memorandum of Agreement (MoA) to this effect was signed between PNB and NSFDC. Under this tie-up, PNB would act as a channelising agent for the loan schemes of NSFDC.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- PNB Chairman- Sunil Mehta, Headquarters- New Delhi.
Source- The Hindu Business Line