Tuesday, May 27, 2008

PNB opens its 58th branch at Raygada

Business Standard, 27th May, 2008

The public sector bank, Punjab National Bank (PNB), opened its 58th branch at Raygada. Satyabrata Sahoo, revenue divisional commissioner, southern division, inaugurated the branch.
The bank, which opened a branch at Christian Hospital in Berhampur recently, will open branches at Phulbani, Bhawanipatna, Bolangir and Daringbari.
It has already obtained the licence from the Reserve Bank of India (RBI) for opening branches in these locations.
The bank also plans to open a farmers training centre to cater to the training requirements of the farmers of the state.The farmers will be provided free training in this centre.
It is in talks with the Orissa government for geting land for the proposed centre B P Sharma, head, Orissa circle was present during the inauguration.

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