The bank’s digital plans are towards strengthening transparency
FinTech BizNews Service
Mumbai, November 11, 2025: Punjab National Bank (PNB) today marked a significant milestone in its journey towards enhanced vigilance and transparency during the visit of the Hon’ble Central Vigilance Commissioner, Shri Praveen Kumar Srivastava, at its Corporate Office.
As part of the event, the 5th Edition of “PNB’s Vigilance Manual 2025” and the September 2025 issue of the quarterly magazine “PNB Vigil” were unveiled. The event was also graced by the presence of MD&CEO Shri Ashok Chandra, ED Shri Bibhu Prasad Mahapatra, CVO Shri Raghvendra Kumar, and other senior bank officials. Additionally, the Bank launched several key initiatives, including the End-to-End Digitization of the Staff Accountability Portal, Conduct Risk Framework (for employees), and the Digital Solution for the PM Street Vendor’s AtmaNirbhar NIDHI (PM SVANidhi). These initiatives reaffirm PNB’s commitment to leveraging technology to foster efficiency, and accountability across its operations.
The event also featured the felicitation of Vigilance Warriors, recognising the exemplary efforts of employees who have demonstrated exceptional dedication in upholding the Bank’s ethical values.
Shri Praveen Kumar Srivastava, Central Vigilance Commissioner, said:
“The well-being of our society, the growth of our economy, and the creation of
livelihoods are closely tied to the support and financing provided by banks like
Punjab National Bank. The goal is to build a culture of vigilance where actions are
driven not by fear of punishment, but by the commitment to do what is right. This
culture benefits the individual, the organisation, and society at large, contributing to
the growth of the bank, the economy, and ultimately, the nation, as we work toward a
‘Viksit Bharat’ by 2047.”
Shri Ashok Chandra, MD& CEO, PNB, said: “As India charts its path to becoming a
developed nation by 2047, the responsibility on us grows manifold. We are
committed to driving qualitative, sustainable, and inclusive growth anchored in
integrity, ethics, and transparency. Vigilance, especially preventive vigilance, plays a
vital role in ensuring that progress remains aligned with strong governance and
accountability. Guided by these values, PNB remains dedicated to supporting India’s
development journey through trust and ethical excellence.”
Shri Raghvendra Kumar, Chief Vigilance Officer, PNB, said: “The launch of these
digital initiatives reflects our unwavering commitment to building a culture of
transparency and responsibility. By integrating technology with our vigilance
framework, we are not only enhancing operational efficiency but also ensuring that
reliability remains the cornerstone of every process within the Bank.”
PNB’s observance of Vigilance Awareness Week 2025 stands as a testament to its
deep-rooted commitment to integrity, transparency, and ethical governance.
Beginning with the nationwide integrity pledge on October 27, where over one lakh
employees and numerous customers participated, the Bank ensured widespread
public engagement through digital and on-ground initiatives. From displaying
vigilance messages across 11,000 ATMs, mobile apps, and WhatsApp banking to
organising awareness drives in over 8,000 Gram Sabhas, PNB extended the
message of integrity to every corner of the country.
The overwhelming participation of the employees in various competitions,
walkathons, and cyclothons, along with the collection of 4,300 units of blood during
donation drives, reflects the spirit of vigilance and service. The Bank’s achievement
of zero pendency in all vigilance-related complaints, extensive capacity-building
programmes, and responsible asset management further highlights its focus on
preventive vigilance and institutional accountability. These sustained efforts reaffirm
PNB’s role as a responsible public sector bank dedicated to building a culture of
integrity and contributing to India’s journey toward Viksit Bharat 2047.
