PNB awarded Golden Peacock Corporate Social Award 2011
merisarkar news service May 02, 2011
Golden Peacock award to PNB
Punjab National Bank, the leading Nationalised Bank bagged the 'Golden Peacock Award for Corporate Social Responsibility' for the year 2011 by the Awards Jury of Institute of Directors under the Chairmanship of Justice P N Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission.
Punjab National Bank is the Second largest bank in the country with a business of over Rs 5 lakh crore and pan India presence of more than 5000 branches. PNB believes that being profitable and doing good work for the people and the world around us aren’t exclusive of each other; they're an integrated goal.
PNB said in a statement, "A strong and well governed business enables us to translate positive financial results into sustainable community and environmental efforts that benefit everyone. This is the essence of Bank's CSR paradigm. Everyday Bank strives to be a good corporate citizen and in the process-the most respected financial services institution."
PNB said that it has a vision of reaching the poor through technology driven, foolproof and risk free door step banking, improving their financial awareness and education; developing and upgrading their farming and other skills. The Bank has created social stuctures like Farmers' Training Centres; Financial Literacy & Credit Counselling Centres; PNB Rural Self Employment Traning Institutes; PNB Prerna; Hockey Academy etc. that impart training to people from underprevilieged segments aimed at their empowerment for their sustainable upliftment.
