Won’t lay off employees due to merger with OBC, UBI; manpower to grow as business grows: PNB MD & CEO

Won’t lay off employees due to merger with OBC, UBI; manpower to grow as business grows: PNB MD & CEO

PNB has a strength of 1.03 lakh employees and as the business grows, the employee strength will further grow. Punjab National Bank’s MD and CEO, S. S. Mallikarjuna Rao today said that there will be no retrenchment of employees following the merger of the Oriental Bank of Commerce and Union Bank of India with PNB. … Read more