Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 26)
26.
Which bank celebrated its 131st foundation day by launching 34 new banking initiatives in April 2025?
Answer: Option
Explanation:
Punjab National Bank (PNB) commemorated its 131st foundation day on April 12, 2025, by unveiling 34 new products and services aimed at enhancing digital operations, financial inclusion, and customer engagement. Established in 1895 in Lahore as part of the Swadeshi Movement, PNB has played a pioneering role in Indian banking history. The foundation day event was attended by Financial Services Secretary M. Nagaraju and featured initiatives like tailored deposit schemes for various demographics, an AI-powered chat assistant named “Pihu,” and advanced digital infrastructure upgrades. These steps reaffirm PNB’s commitment to innovation and inclusivity in financial services.
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