PNB picks 116 villages for CSR activity

Punjab National Bank is in the process of adopting 116 villages across the country, as part of its CSR (Corporate Social Responsibility) activity. The bank has, in the first phase, selected two villages for adoption in Tamil Nadu – Anangur near Villupuram, and Kottur-Nainarvayal near Karaikudi, Sivaganga district.

A formal function to announce the adoption of Kottur village was held last week.

PNB's Deputy General Manager and Trichy Circle Head Mr S.M. Veerappan said that the bank had initiated activities for social and economic upliftment of the people of the village.

“We select villages with a population of 2000 and less and strive to bring the people into banking fold, apart from engaging ourselves in other CSR activities.

"For instance, in Kottur, we initiated the work of cleaning the village tank under the rain water harvesting scheme, provided a system with Internet connection to a school to enable the villagers get up to date information on cropping pattern, weather, prevailing prices of various commodities and so on,” he told Business Line over phone from Tiruchi.

New branch

While stating that the bank would be extending financial assistance to the nearby villages in that belt through its Pillaiyarpatti and Karaikudi branches, he indicated that PNB would be opening a branch in Devakottai soon.

Assistance

“We are expected to fulfil all the banking needs of the village along with other development work under the village adoption scheme.

"Our endeavour is to bring about some perceptible improvement in the villages identified under this programme. The assistance would include financial and voluntary service by the bank's staff, ex-staff, family members, etc.”

Source : The Hindu Business Line