PGIM India Asset Management Pvt Ltd Launches Multi Asset Allocation Fund

  

PGIM India Asset Management Pvt Ltd announced the launch of the PGIM India Multi Asset Allocation Fund (MAAF), an open-ended scheme designed to deliver long-term capital appreciation through strategic diversification across multiple asset classes.

 

The new fund offer opens for subscription on November 11, 2025 and closes on November 25, 2025. The scheme re-opens for subscription on December 03, 2025.

 

The fund offers investors exposure to multiple asset classes like equity, debt, Gold ETFs, Silver ETFs, Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), with dynamic allocation tailored to market cycles.

 

“The PGIM India Multi Asset Allocation Fund is built to help investors navigate uncertainty while capturing opportunities across asset classes,” said Abhishek Tiwari, Chief Executive Officer, PGIM India Asset Management Pvt Ltd. “The popular saying "diversification is the only free lunch in investing" seems to have been made keeping Multi Asset Allocation Funds in mind where an investor can aim to improve his investing outcome without compromising return potential.”

 

Asset Allocation 

 

“In a world of uncertainty, multi-asset allocation funds offer clarity, diversification and resilience. In volatile markets, diversification isn’t just a strategy it’s a necessity. PGIM Multi Asset Allocation Fund endeavours to deliver that,” says Vinay Paharia, CIO, PGIM India Asset Management Pvt Ltd.

 

“PGIM Multi Asset Allocation Fund aims to deliver risk-adjusted outcomes across market cycles. By blending equity, debt, and commodities, we aim to deliver growth over long run while managing the downside risk,” says Vivek Sharma, Senior Fund Manager – Equities, PGIM India Asset Management Pvt Ltd.   

 

Why Multi Asset?

 

Many investors base their decisions on historical performance, frequently buying assets that have recently done well. This tendency causes them to sell underperforming investments and purchase potentially overvalued ones, which can lead to lower returns. Strong gains in any asset class often result in substantial net inflows, indicating that investors typically enter the market after a rally. On the other hand, poor performance usually prompts rapid sell-offs. This reactive behavior—buying when prices are high and selling when they are low—can hurt long-term portfolio growth. Instead of trying to time the market based on recent movements, investors benefit more from adhering to a consistent, long-term strategy that reduces emotional decision-making.

 

Benefits of Multi Asset Allocation Fund:

 

• Different asset classes perform differently in different economic scenarios.

• Equities are great for long-term wealth creation but offer little to no protection during a down cycle, while Debt may provide stable returns but fail to capture the upcycle.

• Precious metals may provide greater downside protection during downcycles.

• A diversified portfolio with a mix of major asset classes may help to achieve risk-adjusted return over the longer term.

• Tax-efficient structure with equity-oriented treatment if equity investments are => 65%.

• Behavioral edge through professional rebalancing and reduced emotional bias.

• Strategic allocation to precious metals, which have historically outperformed during equity downturns. (Source: MFI ICRA, FactSet). E.g.:- Global Financial Crisis (2008), Euro Zone Sovereign Debt Crisis (2010).

 

The fund will be managed by Vivek Sharma (Equity Portion), Anandha Padmanabhan Anjeneya (Equity Portion),Utsav Mehta (Equity Portion) and Puneet Pal (Debt Portion). The fund is benchmarked against 60% of Nifty 500 TRI + 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver. 

 

Other key features:

 

·         Plan/Options: IDCW (Payout of Income Distribution cum Capital Withdrawal option/ Reinvestment of Income Distribution cum Capital Withdrawal option) and Growth.

 

·         Minimum Application: Initial Purchase/Switch-in - Minimum of Rs. 5,000/- and in multiples of Re. 1/-thereafter. Additional Purchase - Minimum of Rs. 1,000/- and in multiples of Re. 1/-thereafter.

 

·         Exit Load: For Exits within 90 days from date of allotment of units : 0.50%. For Exits beyond 90 days from date of allotment of units : NIL

The above product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when actual investments are made.

 

About PGIM India Mutual Fund:

 

PGIM India Mutual Fund is a wholly owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). PGIM India Asset Management is the full service investment manager of PGIM India Mutual Fund, offering a broad range of equity and fixed income solutions to retail and institutional investors throughout the country. We manage 24 open-ended schemes as of October 2025. In addition to managing our investors assets through domestic Mutual Funds, we also offer Offshore Funds, Portfolio Management Services and Alternatives. The fund house leverages the strength and stability of PGIM’s 150-year shared legacy to build on its decade long history in India.

 

Headquartered in Mumbai, PGIM India Mutual Fund has a presence in 25 cities across the country including branches in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata and Pune. PGIM India Mutual Fund brings a rich blend of global resources, intellectual acumen and local investment expertise and is committed to designing superior and meaningful, wealth-building solutions for our investors. PGIM India provides unique training and educational programs for building exceptional capabilities and best business practices for its business associates. For more information, please visit https://www.pgimindia.com/mutual-funds/  

About PGIM

 

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with more than US$1.4 trillion in assets under management as of 6/30/25. With offices in 19 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, https://www.pgim.com/

 

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential   plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com

Bandhan Mutual Fund Launches Bandhan Healthcare Fund To Tap Into India’s Expanding Healthcare Opportunity

Bandhan Mutual Fund announces the launch of the Bandhan Healthcare Fund, an open-ended equity scheme investing across healthcare, pharma, and allied services. The fund seeks to capture opportunities within one of India’s fastest-growing sectors, healthcare, spanning hospitals and diagnostics, pharmaceuticals, biotechnology, wellness, health-tech, and more. The New Fund Offer (NFO) opens on Monday, 10 November 2025, and closes on Monday, 24 November 2025. Investments in the Bandhan Healthcare Fund can be made through licensed mutual fund distributors, investment advisors, online platforms, or directly at https://bandhanmutual.com/nfo/bandhan-healthcare-fund/.

Vishal Kapoor, CEO, Bandhan AMC, while discussing the new offering, said, “Healthcare is not just a necessity; it is one of the most enduring growth themes of our time. As populations age and medical innovation accelerates, healthcare ecosystems globally and in India are expanding rapidly. With economic progress, healthcare expenditure naturally rises, and India is no exception. Despite strong growth, per-capita spending and infrastructure remain relatively low, while insurance coverage and incomes continue to improve, offering a long runway for sustained expansion. The Bandhan Healthcare Fund offers investors a disciplined and diversified way to participate in this structural transformation, capturing opportunities across the healthcare value chain with a long-term perspective.”

Highlighting the investment strategy, Viraj Kulkarni, Fund Manager, Bandhan Healthcare Fund, said, “The healthcare universe is vast, and within it lie multiple growth engines. The Bandhan Healthcare Fund aims to capture this diversity through a structured, bottom-up approach. The portfolio will be thoughtfully diversified across four key healthcare themes, Hospitals & Diagnostics, Export Contract Development and Manufacturing Organisation (CDMO) Active Pharmaceutical Ingredients (API), Export Generics, and Domestic Branded Formulations, each contributing around 20–30% to the portfolio. Our focus is on identifying fundamentally strong companies with scalable business models, sound balance sheets, and consistent profitability.”

The fund is suitable for investors with a long-term investment horizon who wish to participate in India’s growing healthcare ecosystem and aim for sustained wealth creation over time.

Yamaha Powers Into A New Era In India With The All-New XSR155; First EVs – AEROX-E & EC-06 And Youth Focused FZ-RAVE

XSR155 launched in India at Rs. 1,49,990; FZ-RAVE priced at Rs. 1,17,218  (All Prices Ex-Showroom, Delhi)India Yamaha Motor (IYM) Pvt. Ltd. today announced the launch of its globally acclaimed modern retro sport brand - the all-new XSR155 in India. The company also unveiled its first EVs - the AEROX-E & EC-06, marking a major step forward in Yamaha’s long-term vision for sustainable mobility. Adding to the excitement, Yamaha further strengthens its FZ portfolio with the new FZ-RAVE, designed for young and dynamic riders. With these introductions, Yamaha continues to reinforce its leadership in the premium & deluxe motorcycle segments while expanding into new mobility categories that align with evolving customer preferences.

 

The new Yamaha XSR155 represents the next evolution of Yamaha’s dominance in the premium motorcycle segment. Designed for today’s riders who seek both style and substance, it embodies the modern retro sport concept, blending timeless design with modern engineering to create a motorcycle that stands out in design and performance. With responsive handling and an immersive riding experience, the XSR155 offers customers a refined motorcycling experience that combines everyday convenience with the thrill of the open road. Its introduction further strengthens Yamaha’s position in India’s most competitive and fast-growing category, reflecting the company’s commitment to developing motorcycles that resonate with the lifestyle and aspirations of Indian riders.

 

IYM’s foray into India’s electric vehicle market marks an important step in its journey towards a more sustainable future. The move into the EV segment reflects the brand’s commitment to preserving ecological balance while delivering the same excitement and performance that define Yamaha.

 

The first model, AEROX-E, is a performance-oriented EV that brings Yamaha’s signature excitement and responsive handling to riders seeking an electric alternative without compromise. The second, the EC-06, introduces an all-new design concept created for customers who value smart mobility, comfort, and contemporary design in their everyday rides. Together, the AEROX-E and EC-06 represent Yamaha’s approach to serving both performance seekers and everyday users, marking the brand’s transition into the next phase of its journey in India with choices that are dynamic, accessible, and sustainable.

 

The company also announced the launch of the new FZ-Rave — further strengthening its popular FZ portfolio. Developed for India’s young riders, the new FZ-Rave offers a balanced mix of performance, efficiency, and everyday practicality. It continues the FZ family’s legacy of reliability and agility, serving the needs of daily riders across cities and towns while retaining its distinctive, assertive styling.

 

Commenting on the announcement, Mr. Itaru Otani, Chairman, Yamaha Motor India Group, said:
“India is central to Yamaha’s global growth strategy — a market where we see immense potential across both premium and electric mobility segments. The introduction of the XSR brand, our new EV models and the FZ-Rave mark a decisive step in strengthening our presence and aligning with India’s evolving mobility landscape. With these launches, we are deepening our connect with riders who seek performance, design, and technology, while also responding to the nation’s transition towards sustainable transportation. Our focus remains on creating value in India — through products built for its diverse customers, supported by India's vision of Viksit Bharat and guided by Yamaha’s global Environmental Plan 2050.”

 

Yamaha XSR155 Debuts — Classic Styling, Modern Engineering, Exceptional Riding  Experience

 

The XSR155 embodies Yamaha’s philosophy of combining Modern Retro Sport with innovation, carrying forward the distinguished global pedigree of the XSR Series. It blends timeless design with advanced technology to create a motorcycle that stands apart. Priced at Rs. 1,49,990 (ex-showroom-Delhi) as an introductory offer, it is aimed at young and mature riders who seek a dependable, high-performance, and stylish motorcycle that delivers both excitement and everyday usability.

 

XSR is globally Featuring Yamaha’s XSR pedigree that captures the modern retro sport spirit by combining classic styling cues with advanced engineering. Its classic round LED headlight and taillight, teardrop fuel tank, and traditional-style LCD display highlight the timeless appeal of Yamaha’s design language. Lightweight and a well-balanced frame with 17-inch wheels gives it an agile and confident stance. Reflecting Yamaha’s belief in creative freedom for every rider, the XSR155 is offered in four colour options – Metallic Grey, Vivid Red, Greyish Green Metallic and Metallic Blue and two distinct accessory packages - Scrambler and Café Racer.

 

Powering the XSR155 is a 155cc liquid-cooled, 4-valve engine with Variable Valve Actuation (VVA) that delivers 13.5 kW of power and 14.2 Nm of torque. Built on Yamaha’s proven Deltabox frame, it features aluminium swing arm, upside-down front forks, linked-type monocross rear suspension, and a 6-speed transmission with assist and slipper clutch, offering the right strength-rigidity balance for exceptional ride feeling, and comfort on any road. Additionally, the XSR155 also features dual-channel ABS and Traction Control to ensure safer rides for our customers.

 

With its seamless blend of design, performance, and everyday practicality, the XSR155 captures the essence of Yamaha’s motorcycling philosophy of connecting the rider and machine.

Experience The Future Of Urban Mobility With The AEROX-E High Performance EV

 

The AEROX-E Performance EV marks Yamaha’s entry into the high-performance electric scooter segment, expanding its globally acclaimed Maxi Sports lineage. Building on the strong success of the Aerox 155, which redefined the premium scooter market, the AEROX-E is set to multiply that achievement in the EV space.

 

Powered by a 9.4 kW (peak power), 48 Nm of torque electric motor for high acceleration along with dual detachable 3kWh batteries, the AEROX-E delivers instant acceleration with efficient power management. The dual batteries are powered by high energy type cell for extraordinary performance. It also features ergonomic grips for effortless removal and home charging. It further features multiple riding modes –Eco, Standard, and Power – with the addition of a ‘Boost’ function allowing riders rapid acceleration for quick start and strong pick-up. The EV also gets a reverse mode for added riding convenience. The AEROX-E has a certified range of 106 kilometres.

 

Retaining the core DNA of a true Maxi Sports Scooter, the AEROX-E embodies Yamaha’s “Heart-Shaking Speedster” design philosophy through its Proud Body Size, Athletic Proportions, and distinctive ‘X’ Centre Motif. Twin LED Class D headlights, LED flashers, a 3D-effect LED taillight, and a large colour TFT screen with turn-by-turn navigation. The Y-connect mobile app connectivity further allows Multi-Information Display (MID), and smart connectivity features such as maintenance reminders and last parked location elevate the riding experience. In addition to this sophisticated powertrain and battery technology, the ergonomics on AEROX-E has been modified to support the vehicle dynamics to offer a fun riding experience. Furthermore, the Aerox-E gets front and rear disc brakes and single-channel ABS for enhanced safety.

 

Catering to today’s urban achievers, the AEROX-E Performance EV is designed for affluent, entrepreneurial riders who value exclusivity, high performance, and lifestyle expression. It offers a premium, status-defining ride that reflects success, individuality, and environmental responsibility—combining cutting-edge technology with Yamaha’s signature design and thrilling performance.

 

Equipped with a smart key system and conveniently positioned external charging port, the AEROX-E Performance EV combines Yamaha’s design language and performance with cutting-edge electric technology — setting a bold new benchmark in the premium EV segment.

Experience The Future Of Urban Mobility With The AEROX-E High Performance EV

 

The AEROX-E Performance EV marks Yamaha’s entry into the high-performance electric scooter segment, expanding its globally acclaimed Maxi Sports lineage. Building on the strong success of the Aerox 155, which redefined the premium scooter market, the AEROX-E is set to multiply that achievement in the EV space.

 

Powered by a 9.4 kW (peak power), 48 Nm of torque electric motor for high acceleration along with dual detachable 3kWh batteries, the AEROX-E delivers instant acceleration with efficient power management. The dual batteries are powered by high energy type cell for extraordinary performance. It also features ergonomic grips for effortless removal and home charging. It further features multiple riding modes –Eco, Standard, and Power – with the addition of a ‘Boost’ function allowing riders rapid acceleration for quick start and strong pick-up. The EV also gets a reverse mode for added riding convenience. The AEROX-E has a certified range of 106 kilometres.

 

Retaining the core DNA of a true Maxi Sports Scooter, the AEROX-E embodies Yamaha’s “Heart-Shaking Speedster” design philosophy through its Proud Body Size, Athletic Proportions, and distinctive ‘X’ Centre Motif. Twin LED Class D headlights, LED flashers, a 3D-effect LED taillight, and a large colour TFT screen with turn-by-turn navigation. The Y-connect mobile app connectivity further allows Multi-Information Display (MID), and smart connectivity features such as maintenance reminders and last parked location elevate the riding experience. In addition to this sophisticated powertrain and battery technology, the ergonomics on AEROX-E has been modified to support the vehicle dynamics to offer a fun riding experience. Furthermore, the Aerox-E gets front and rear disc brakes and single-channel ABS for enhanced safety.

 

Catering to today’s urban achievers, the AEROX-E Performance EV is designed for affluent, entrepreneurial riders who value exclusivity, high performance, and lifestyle expression. It offers a premium, status-defining ride that reflects success, individuality, and environmental responsibility—combining cutting-edge technology with Yamaha’s signature design and thrilling performance.

 

Equipped with a smart key system and conveniently positioned external charging port, the AEROX-E Performance EV combines Yamaha’s design language and performance with cutting-edge electric technology — setting a bold new benchmark in the premium EV segment.

Decimal Point Analytics Elevates Its New Mumbai Headquarters Into A Center For AI, Analytics, And Enterprise Innovation

Decimal Point Analytics, a global leader in AI-powered business with over two decades of expertise in data analytics and digital transformation, announced the opening of its new global headquarters in Mumbai, marking a defining milestone in its growth journey.

 

The launch event featured an exclusive leadership interaction where DPA’s senior executives outlined the company’s strategic roadmap for harnessing Artificial Intelligence to transform enterprise decision-making worldwide.

Located at state-of-the-art Hiranandani Business Park – Lightbridge, Powai, an IGBC Platinum-certified building, the new headquarters represents DPA’s vision of uniting data, AI, and design thinking under one roof to accelerate innovation and collaboration. Powered entirely by green energy, the facility reinforces DPA’s commitment to sustainability and responsible innovation. Designed as a hub for research, advanced analytics, and technology development, it establishes India’s position as the core of DPA’s global operations.

 

“AI is transforming the way organizations think, act, and grow, and we’re proud to be at the center of that change,” said Shailesh Dhuri, CEO of Decimal Point Analytics. “Our new headquarters in Mumbai is a symbol of how far Indian innovation has come and where it’s headed, building solutions here that drive smarter, faster, and more intelligent decisions globally.”

 

The session also featured insights from Vaibhav Poonekar (Chief Technology Officer), Sameer Kulkarni (Senior Vice President – IT Infrastructure Support), Shripad Nagarnaik (Chief Marketing Officer), Arun Pratap Singh (Chief Human Resources Officer), and Prasad Nawathe (Head – Revenue Operations).

 

The leadership team highlighted DPA’s AI-driven roadmap, its emphasis on intelligent automation and decision-support systems, and the introduction of the company’s refreshed global identity, symbolizing its evolution into a truly international brand.

With operations across Mumbai, Nashik, GIFT City, London, and New York, Decimal Point Analytics continues to redefine the intersection of artificial intelligence, analytics, and financial research. The company’s new Mumbai headquarters stands as a testament to its mission, to deliver performance advantage through data intelligence, technology, and human insight.

 

About Decimal Point Analytics

Decimal Point Analytics is a global provider of AI-powered data analytics, helping enterprises accelerate decision-making through intelligent automation and predictive insights. With expertise across financial analytics, AI-led decision support, and digital transformation, the company delivers scalable solutions across sectors including financial services, healthcare, and CPG. Headquartered in India with hubs in North America, Europe, and the Middle East, Decimal Point Analytics is recognized globally for innovation and excellence in AI, analytics, and ESG solutions.

 

Learn more at www.decimalpointanalytics.com

Hult Prize MAHE Hosts Successful Hackathon At MIT Manipal: Empowering Social Entrepreneurs To Drive Global Change

• Event draws 70+ registrations with 55+ submissions

• ₹30,000 prize pool awarded to domain winners

The Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, hosted Hult Hackathon. The event was organized jointly by Hult Prize OnCampus, a local chapter of the global Hult Prize competition and the university’s Innovation Centre. The event served as a dynamic platform for social entrepreneurship, bringing together students from across India to develop innovative and sustainable solutions to pressing global issues.  The Hult Prize is an annual competition held worldwide for ideas solving pressing social issues, such as food security, water access, energy, and education.

 

The hackathon witnessed enthusiastic participation with over 70 registrations and more than 55 submissions, reflecting the strong commitment of the student community towards purpose-driven innovation. Participants were challenged to conceptualize ventures addressing critical problems across three key domains: Health, Technology, and Finance.

 

Speaking at the inaugural of the event, Dr. Mohammad Zuber, Chief Innovation Officer, Innovation Centre, MAHE Manipal, emphasized, “The Hult Hackathon reflects the spirit of innovation at MAHE — where ideas meet impact. It’s inspiring to see students develop sustainable, real-world solutions to global challenges. Their creativity and purpose-driven approach truly embody our mission to nurture entrepreneurial thinkers who create meaningful change.”

 

Following a rigorous evaluation process, 16 top teams were shortlisted to present their refined proposals and business models to a distinguished panel of industry experts. The elite jury comprised Dr. Ajit Singh, Founder of CliMed Research Solutions; Mr. Vijaykrishna Shetty, Founder and CEO of ThoughtGenesis, a cybersecurity platform; and Mr. Mayur Shetty, CEO and Co-founder of Blackfrog Technologies.

 

The judges evaluated projects based on technical feasibility, scalability of social impact, and overall business sustainability. The hackathon successfully bridged academic rigor with real-world entrepreneurial expertise, providing participants with invaluable mentorship and insights from industry leaders.

 

The competition featured participation from both MAHE and Non-MAHE categories, with domain winners each receiving ₹10,000, bringing the total prize pool to ₹30,000. Additionally, the overall top three winning teams were granted mentorship opportunities for the prestigious Hult Prize MAHE OnCampus Program.

 

The winning teams across domains were:

• Health Domain: Team NutriGo – Pranav Rao, Arjun Bhat, Tushar P, and Amogha (Non-MAHE)

• Technology Domain: Team Threadly – Arnav Kapoor and Abhisaar Gupta (MIT, MAHE)

• Finance Domain: Team CashTrack – Yashraj Sakunde, Aditanshu Sahu, and Rishit Kumar (MIT, MAHE)

 

The event concluded with the recognition of the most promising ventures, which will advance to the Hult Prize MAHE OnCampus Program. These teams will receive continued mentorship and support to refine their solutions and compete at higher levels of the prestigious global Hult Prize competition.

 

The Hult Hackathon reinforced MIT Manipal's commitment to nurturing social entrepreneurship and equipping students with the tools and guidance needed to create meaningful, scalable impact. The event highlighted the institution's dedication to fostering innovation that addresses real-world challenges while promoting sustainable development.

 

Participants lauded the hackathon for its well-structured evaluation process, expert mentorship, and the opportunity to network with industry leaders and fellow innovators. The event created a vibrant ecosystem where creativity, technical excellence, and social consciousness converged to drive transformative change.

 

About Manipal Academy of Higher Education

 

The Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 3rd in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and enriching campus life.

Central Vigilance Commissioner Visits PNB To Unveil Bank’s Key Digital Initiatives Towards Strengthening Transparency

Punjab National Bank (PNB) marked a significant milestone yesterday 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, Hon’ble 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.