The partnership is to Strengthen EV Credit Ecosystem

FinTech BizNews Service
Mumbai, November 28, 2025: Punjab National Bank (PNB), Nation’s leading public sector bank, has signed a Memorandum of Understanding (MoU) with Mahindra Last Mile Mobility Limited (MLMML), India’s No.1 electric commercial vehicle manufacturer to enable seamless financing options for sustainable connectivity.
The signing ceremony took place at New Delhi, in the presence of distinguished dignitaries. PNB was represented by Shri Ashok Chandra (MD&CEO), Shri Firoz Hasnain (CGM), along with senior executives from the Bank, while MLMML was led by Shri Sourabh Mishra (VP & Head, Front end operations) along with other senior officials.