Current Affairs - Banking - Discussion

Punjab National Bank (PNB) took a notable step by disbursing ₹17.02 crore under its Rakshak Plus Scheme to support the families of 26 martyred soldiers and paramilitary personnel. The scheme is designed exclusively for defence and paramilitary personnel, providing comprehensive insurance benefits such as ₹1 crore for accidental death or permanent disability and ₹1.5 crore for air travel-related fatalities. PNB's initiative is not just financial in nature; it symbolizes a larger gesture of national solidarity and gratitude. The prompt and tailored support highlights the bank’s ongoing commitment to those serving in high-risk roles for the country’s safety and sovereignty.