Punjab National Banksigns MoU with Central Warehousing Corporation

Punjab National Bank, nation’s leading public sector bank and Central Warehousing Corporation have inked a Memorandum of Understanding to grease backing undere-NWR( Electronic Negotiable Warehousing Damage). The cooperation is aimed at furnishing easy access to finance to growers food processors dealers against the pledge of husbandry goods stored in CWC storages. General Manager, Shri KanwalJit Shorey inked the agreement on behalf of Punjab National Bank and Shri Rajiv Kumar Bansal, Group General Manager( Comm.) on behalf of CWC in the presence of ShriK.S. Rana, DGM&S hri Neeraj Jakhmola, CM of PNBandShriR.R. Aggarwal( GGM- Finance, CWC), Shri Amit Puri( GM Finance, CWC) & Shri Ashwin( AGM, CWC). husbandry is an important sector of the country’s frugality andGovt. has been fastening on adding the income of the growers who drive this member. One of the main constraints in adding ranch income has been torture trade by the growers. With a view to curbingthe same, the bank has entered this new MoU.

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