Current Affairs · MoUs and Agreements
What is the primary objective of the Memorandum of Understanding (MoU) signed between Telecommunications Consultants India Limited (TCIL) and Punjab National Bank (PNB) in September 2025?
- 1To extend corporate financial credit lines directly to TCIL
- 2To develop specialized financial credit products for rural areas
- 3To expand PNB's physical brick-and-mortar branch network
- 4To enhance PNB's IT infrastructure and digital banking services✓
Correct answer
To enhance PNB's IT infrastructure and digital banking services
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