Current Affairs - Awards and Honours - Discussion

Shri M. Paramasivam’s tenure as Executive Director of Punjab National Bank (PNB) has been extended until March 31, 2027, or until further orders. The decision was formalized by the Department of Financial Services under the Ministry of Finance and reflects the government’s confidence in his leadership. As Executive Director, he has been instrumental in overseeing banking operations, driving credit growth, and enhancing corporate governance within PNB. His extension ensures continuity in leadership during a critical phase when public sector banks are implementing post-consolidation reforms, strengthening digital infrastructure, and navigating global economic and regulatory challenges.