The Central Government has appointed Shri Sanjiv Sharan as Executive Director of Punjab National Bank with effect from the date of his taking over charge of the post till 31.05.2019 i.e., the date of his superannuation or until further orders, whichever is earlier. Shri Sanjiv Sharan has assumed charge as Executive Director of our Bank on 15th September, 2016.
Booking of Holiday Home at New Delhi has temporarily been stopped w.e.f. 27.11.2016 due to renovation work for 2 months
The booking of Holiday Home at New Delhi has temporarily been stopped w.e.f. 27.11.2016 due to renovation work, which is estimated to be completed within two months. Hence, booking of holiday home shall not be available for existing/retired staff members from 27.11.2016 onwards, till further instructions.
(Ref.: HRMD Circular No. 327/2016 dated 03.09.2016)
Rate of Interest payable on PF Balance increased by 0.05% from current 8.75% to 8.80%for the Half Years ending Sep 16 and Mar 17
Rate of Interest payable on Provident Fund Balance of the employees increased by 0.05% from the current 8.75% to 8.80% for the Half Years ending September 2016 and March 2017.