Punjab National Bank (PNB) has launched 22 loan products to mark its 132nd Foundation Day.

The state-run bank, founded in 1894 by freedom fighter Lala Rajpat Rai, has moved with times and has so far sanctioned digital loans worth Rs 1 lakh crore to reflect its technological capabilities.

“As the bank celebrates 132 years, its journey—from a modest beginning with Rs 20,000 to a global business of nearly Rs 30 lakh crore—mirrors the evolution of modern India itself. As India advances towards its development goals, banks like PNB are not merely participants in the journey but also its enablers,” said Department of Financial Services secretary M Nagaraju, who was the chief guest at the event.

“Our milestone of Rs 1 lakh crore in digital sanctions and the launch of multiple digital products reflect our commitment to innovation, speed, and seamless banking experiences. As we look ahead to ‘Viksit Bharat 2047,’ PNB will continue to drive financial inclusion and technology-led transformation,” added PNB managing director and CEO Ashok Chandra.