Public sector bank, Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Indian Air Force (IAF)

Public sector bank, Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Indian Air Force (IAF)

Daily Current Affairs   /   Public sector bank, Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Indian Air Force (IAF)

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Category : Miscellaneous Published on: July 11 2022

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  • Public Sector Bank, Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF).
  • The MOU is signed under its flagship scheme, PNB Rakshak Scheme.
  • This scheme includes personal accident insurance as well as air accidental insurance to serving, retired as well trainees of the defence forces.
  •  It also covers retired defence pensioners, along with personnel of the central armed police forces, state police force, and metro police
  • The country’s largest bank, the State Bank of India (SBI) has simultaneously renewed its existing MoU on defence salary package scheme with IAF.
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