HCL Technologies wins “Prestigious Quality Award” from Cisco

 Bengaluru, 11^th February 2021 : HCL Technologies Ltd (HCL), a leading global technology company, today announced it has been named a winner of the prestigious Quality Award at the 2020 Annual Cisco Procurement Supplier Day. HCL was recognized for its Engineering and R&D services provided to Cisco, including its execution, agility and highest quality delivered during these difficult times. 

 

In addition to its services, HCL was awarded for its commitment and competencies as it quickly scaled to ensure Cisco’s business continuity without any impact to Cisco’s product engineering roadmap during the disruption caused by the COVID-19 pandemic. 

 

“This award is a tremendous honor for HCL Technologies and a testament to our long-standing relationship with Cisco. We thank Cisco for continuously trusting us as their preferred partner,” said GH Rao, President, Engineering and R&D Services (ERS) at HCL Technologies. 

 

This recognition reinforces the deep trust that Cisco places in its 25-year partnership with HCL. Starting as a co-innovation and engineering services partner, HCL’s relationship with Cisco has evolved to focus on value creation, jointly delivering next-generation engineering solutions and services across multiple product lines. 

About HCL Technologies



HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1-2-3 strategy, based on its deep-domain industry expertise, client-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.

HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generation digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology and Services, Telecom and Media, Retail and CPG, Life Sciences and Healthcare, and Public Services.



As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability, and education initiatives. For the 12 months ended December 31, 2020 HCL had consolidated revenue of US$ 10.02 billion. Its 159,682 Ideapreneurs operate out of 50 countries.

For more information, visit www.hcltech.com

Celebrate Valentine’s Day with PAYBACK & Win Bonus Points, Coupons, Vouchers & Travel Bookings

Bengaluru, 10th February 2021 : In the month of love, PAYBACK, India’s largest multi-brand loyalty program, has come up with attractive offers, for its millions of members – from winning massive bonus points to getting exciting shopping vouchers & coupons from PAYBACK VoucherWorld and Coupons platform and special discounts.

Running a contest until Feb 28th, PAYBACK members can get to win up to 1 Lac Bonus Points (worth Rs 25,000) by simply activating the offer on PAYBACK App or portal and then shop with at least 2 partners from across 100+ PAYBACK partners including several affiliate/online partners. Lucky members chosen out of the draw will win at least 5000 points going to 30,000 points (worth Rs 7,500).

Along with the bonus points contest, the new PAYBACK Coupons platform helps members accelerate their reward points earning by offering bonus points on their favorite brand coupons available on App or portal. PAYBACK members will additionally get access to exclusive discounts & offers on vouchers from 100+ top brands on PAYBACK Voucherworld.

In addition to above, PAYBACK’s online travel partners like Cleartrip, is offering special Valentine’s discounts, over & above PAYBACK points redemption for air-tickets & hotel booking and Thomas Cook India, is running an offer, where members on availing Thomas Cook coupons on PAYBACK Coupons Platform get 5,000 Bonus Points for Domestic or International holiday bookings till April 30th 2021.

PAYBACK VoucherWorld offers instant vouchers of 100+ leading brands, which, can be bought by either redeeming points completely or with points + cash. PAYBACK members even get access to an impressive collection of top branded products on the Rewards Catalogue that can be bought only via points redemption on the portal and app.

PAYBACK is a unique loyalty program, designed to engage with customers and provide them with an experiential journey while shopping and rewarding them for their purchases, with loyalty points, that can be redeemed later. The varied portfolio across multiple categories such as retail, fuel, banking, payments, entertainment, hospitality and travel covers over 80% of the popular consumer spend areas. PAYBACK program is accepted at over 20,000 Point of Sale available in 100+ cities.

Various offers from PAYBACK Partners and Coupon Platform are as below: 

Brand Vouchers	Offer Brand	Offer Untill Feb 28th	Frequency
Amazon INR 5000	Home Centre	Home Centre - INR 500 Off on 5000	3 Per User
Myntra INR 1000	Myntra	Myntra - Flat INR 300 OFF on a minimum purchase of INR 1999 and above	3 Per User
Shopper's Stop INR 1000	Grofers Smart	Grofers Smart Bachat Club- 1-month membership-Rs79 free.	3 Per User
Flipkart INR 1000	MediBuddy	MediBuddy - Flat Rs.600 off on MB gold on unlimited doctor consultation membership for your family	3 Per User
Max INR 1000	1MG	1MG - Rs.170 OFF on MOV of Rs.1,000 (Only valid on Rx medicines)	3 Per User
Croma INR 1000	Lifestyle	Lifestyle - INR 500 OFF on 2500	3 Per User

IIM Sambalpur opens its gates for students returning to New Normal in a phased manner

 Bengaluru, 10^th February 2021 : Eleven months after the pandemic induced lockdown had forced all educational institutions across the country to shut down their campuses and the education system shifting to a completely digital platform, institutes have slowly started to reopen their campuses. One of the most promising and dynamic management institutions among the new generation IIMs of the country, IIM Sambalpur, the handcrafted IIM, has also reopened its campus for students, adhering to directions of the Central Government, State Government, District Authorities, and statutory health regulatory bodies. The Institute is also adopting a set of safety and hygiene guidelines which will be updated from time to time as issued by the Government authorities. Being a first-mover among IIMs, to conceive the concept of flipped classroom mode of learning, which enabled a smooth transition from offline to online classes including examinations and admission processes, IIM Sambalpur truly stands for holistic pedagogy. The first year and second year students of MBA have started arriving at the campus in batches. Students who are facing internet and infrastructure issues at home are given priority to come to the campus. The classes will, however, be held in online mode for the time being. 

 

Speaking on reopening the campus, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, said, “We will be rebooting the campus in stages and students will be returning in a phased manner. A strict set of mandatory guidelines, as set by Government authorities has been issued to all students, faculty and staff. We will also be collecting the students’ travel/location details for 14 days before entering the campus. Students must produce a COVID 19 Negative Certificate which is not older than 3 days as on their date of arrival. They will also have to undergo tests at the end of their quarantine period which the Institute will arrange with the help of the District Administration. As numbers around the country are going down and the vaccination drive starting, it is essential for life to continue in the new normal. While physical distancing and remote learning were a necessity, students did feel a sense of isolation. Coming back to campus and meeting their friends and teachers, will create a positive impact on their mental health as well. Our students also realize the need to normalize the situation and are enthusiastic about their arrival to campus, some of them for the first time. However, the pandemic is far from over and hence stringent SOP must be followed to resume near-normal activities. Self-discipline is the key to responsible COVID 19 behaviour.” 

 

Each student will have to self-quarantine themselves for 14 days from the date of arrival at the campus in separate rooms. Each student must have the Aarogya Setu app active on their smartphones. Wearing masks outside their hostel rooms, thermal scanning of body temperature upon entering the campus, maintaining social distancing in common spaces, sanitizing hands, and following all other basic norms is mandatory. Students are not allowed to leave the hostel premises other than medical emergencies. Students who must leave campus will have to quarantine themselves again. The dining hall will also have meal timings for students and staff in batches. Thorough disinfection and cleaning of all surfaces will be maintained by the institute. Medical assistance like routine health check-ups, monitoring of students, dealing with emergencies will be provided during the quarantine. Two fully ready rooms with beds, oxygen cylinders, and other essential facilities for combating COVID 19 mild to moderate symptoms will be available in a separate building on the campus. A Medical officer/Doctor will also visit the hostel regularly. 

 

Although physically present at the campus, students will continue to attend classes in the online mode. The Institute will take the decision of resuming physical classes depending on the circumstances and government guidelines. IIM Sambalpur has been conducting online classes with the help of several digital tools and processes to facilitate effective learning for its students. Taking forth the concept of Flipped classrooms, Learning Management Software like Moodle is being utilized, where students and faculty members interact regularly through Video Conferencing. Furthermore, the institute has smart classrooms equipped with SMART Boards, where students can log-in and access notes, presentations, and curriculum schedules. All examinations of IIM Sambalpur are conducted using online proctoring systems for descriptive exams or using LMS for the quiz and multiple-choice exams. 

 

About Indian Institute of Management Sambalpur: 

Indian Institute of Management Sambalpur is one of the most promising and dynamic management institutions among the new generation IIMs of the country located in Sambalpur, Odisha, India. IIM Sambalpur was established by MHRD, GOI in 2015 and was declared as an Institute of National Importance as per the IIM 2017 Act. The Institute is already taking positive steps since its inception as a place for Entrepreneurial Innovation and Experiential Learning. Located amidst hills and rivers surrounded by a large number of big manufacturing industries, IIM Sambalpur currently offers full-time Master in Business Administration (MBA) and Ph.D. programs and more courses to be added in near future. The Institute outscores all other IIM’s in terms of its gender diversity and its unique experiential learning pedagogy called “Flipped Classroom”. The institute became a pioneer among IIMs of the country in conducting part of their admission process and term examination through an online proctoring system and the institute will conduct all their examinations through the same online proctoring system henceforth. The foundation stone of the permanent campus of IIM Sambalpur was laid by Hon’ble Prime Minister of India, Shri Narendra Modi on 2nd January 2021. 

Aakash Educational Services Limited (AESL) launches its flagship Instant Admission Cum "Scholarship Test" (iACST)

Aakash iACST now offers 90% scholarship.

Aakash Educational Services Limited (AESL) enables talented aspirants, deserving students avail scholarship for Classroom and Hybrid courses at their convenience through its – instant Admission-Cum-Scholarship Test (iACST)
iACST will offer scholarship of up to 90% enabling students from different social and financial backgrounds take advantage of quality teaching at Aakash
Convenient and digitally accessible, students can appear for the test whenever they are ready, online from the comfort and safety of their home.
As schools and educational institutions start reopening post Covid, iACST provides students an opportunity to start early in realising their dream of becoming doctors and engineers.
The scholarship is for admission to Medical, Engineering and Foundation courses for both Classroom and Hybrid programmes.
iACST will offer students instant scholarship and instant admission post a 60 minutes’ test.



Bengaluru, 9th February 2021 : Known in the industry for its innovative and student friendly initiatives, Aakash Educational Services Limited, the pioneer in test preparatory services for aspiring doctors and engineers with more than 215 centres across the country, has launched a unique instant scholarship -- the instant Admission Cum “Scholarship Test Exam” (iACST). The specially crafted test enables talented and deserving students from Class 7-11 gain upto 90% scholarship from the safety of their home, online as per their convenience.



With gradual reopening of schools and institutes post Covid, students are eager to go back to classrooms. iACST will give them an opportunity to start their journey early post a 60-minute test, enabling them to take the first step towards achieving their goals of becoming doctors and engineers. The scholarship enables students from different social and financial backgrounds take advantage of quality teaching at Aakash.



The test will allow students to take the exam online and provide them with details of the scholarship earned immediately. With iACST, students can even take instant admission and prepare under the expert guidance of Aakash Faculty. For more information log on to https://iacst.aakash.ac.in/iacstexam.

The scholarship will be for admission to Medical, Engineering & Foundation Courses for both the Classroom and Hybrid learning programs. Class 12th Passed Students have an option to opt for Special Repeater Courses. Students can opt for any time between 10 AM and 6 PM on the selected exam day.

2020 was yet another year when Aakash Institute produced excellent results for both JEE and NEET. Aakashian Chirag Falor from Delhi became the National Topper by securing AIR 01 in the JEE Advanced 2020 competitive examination, while the top 3 ranks in NEET 2020 were also secured by Aakashians (Soyeb Aftab AIR 01, Akanksha Singh AIR 02 and Snikhita T AIR 03), exemplifying the excellent academic training provided at Aakash.

Commenting on the launch of iACST, Mr Aakash Chaudhry, Managing Director, Aakash Educational Services Limited (AESL), said, “AESL is introducing the online instant Admission Cum Scholarship Test (iACST) for the convenience and comfort of thousands of talented students. Covid – 19 and the following lockdown made us work on a tailor made offering which is more convenient and digitally accessible for the students. This will give the students the opportunity to take the test from the comfort of their home and get instant result and admission. We are offering up to 90% scholarship for deserving candidates. I am sure the students will take the best advantage of the opportunity.”

Aakash Institute aims to help students in their quest to achieve academic success. It has a centralized in-house process for curriculum and content development and faculty training and monitoring, led by its National Academic Team. Over the years, students from AESL have shown proven selection track record in various Medical & Engineering entrance exams and competitive exams such as NTSE, KVPY, and Olympiads.

About Aakash Educational Services Limited (AESL)

Aakash Educational Services Limited (AESL) provides comprehensive test preparatory services for students preparing for Medical and Engineering Entrance Examinations, School/Board Exams and Competitive Exams such as NTSE, KVPY, and Olympiads. AESL believes that the “Aakash” brand is associated with quality coaching and a proven student selection track record in various Medical and Engineering Entrance Examinations, Scholarship exams & Olympiads.

With over 33 years of operational experience in the test preparatory industry, the company has a large number of selections in Medical & Engineering Entrance Exams and several Class 9th and 10th level Scholarship exams/Olympiads, a pan India network of 215+ Aakash Centees (including franchisee), and a student count of more than 250,000.

The Aakash group also owns famous K-12 EdTech brand, Meritnation.com as well.

www.aakash.ac.in

FGII introduces “Health Super Saver offering 80% discount” on applicable premium if the initial years of plan tenure is claim free

 Bengaluru, 8^th February 2021 : Future Generali India Insurance Company Limited (FGII), announced the launch of "Health Super Saver", a unique insurance product that offers a discount on the premium. The policy will provide a discount of 80% on the applicable premium in the consecutive year(s) of the plan tenure in case there is no claim in the first/ second year of the plan. 

 

FGII is offering this product in two variants i.e. 1X and 2X. The Health Super Saver 1X plan provides a discount of 80% on the applicable premium in the consecutive year of the plan in case the first year of the plan is claim-free. In the Health Super Saver 2X plan, the policyholder can get 80% discount on the premium for the next consecutive two years of the plan, in case first two years of the plan tenure are claim-free or up to first claim. Further, an additional family discount of 10% is available if two or more family members are covered on an individual sum insured basis. The product covers an infant who is one day old to a senior citizen up to 70 years of age. 

 

Anup Rau, MD & CEO, Future Generali India Insurance said, “This product is unique. The customer gets 80% off in the second year if there is no claim in the first year. No fine print, no ifs and buts. We hope to seed the importance of health insurance in the younger population where customers are reluctant to pay health premiums, looking at it as a ‘loss’ if there is no claim raised.  

  

The product also provides comprehensive coverage for mental illness and psychiatric intervention or consultation” 

  

The consumers can opt for paying the premium in instalments on a monthly, quarterly, or half-yearly basis. 

  

Link: https://general.futuregenerali.in/Health-Insurance/health-super-saver 

  

About Future Generali India Insurance Company Limited 

Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 189 years old global insurance group featuring among the world’s 60 largest companies*. The Company was incorporated in October 2006 and received the IRDAI license in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks. 

  

Future Generali India has been aptly benefitting from the global Insurance expertise in diverse classes of products of Generali Group and the Future Group. Having firmly established its credentials in this segment and effectively leveraging on the skill set of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company. 

  

*As per Fortune Global 500 Ranking (2017) 

*Future Generali India Insurance is certified ‘Great Place to Work’ (December2020-November 2021) 

  

About Generali Group 

Generali is an independent, Italian insurance Group, with a strong international presence. Established in 1831, it is one of the largest global insurance providers present in over 60 countries with total premium income exceeding €68 billion in 2017. With nearly 71,000 employees in the world and 57 million customers, the Group has a leading position in Western Europe and an increasingly significant presence in Central and Eastern Europe as well as in Asia. 

PNB Q3 FY21 Result- Financial Results for the Quarter Ended 31st December 2020

 

All Branches of both eOBC and eUNI’s Finacle system (CBS) Upgraded from Finacle 7 to Finacle 10 and Integrated. More than 18 Crore Customers of PNB 2.0 now on same Platform. 

 

Net Profit at Rs. 506 Crore during Q3 FY21.Gross Global Business reached Rs. 18,09,587 Crore & Global NIM improved to 3.09 % in Q3FY21. 

 

KEY HIGHLIGHTS 

 

Global Business of the Bank at Rs. 18,09,587 Crore as on Dec’20 against Rs. 17,90,640 in Dec’19 with a Y-o-Y growth of 1.1%.  

· Global Deposit of the Bank at Rs. 10,82,156 Crore as on Dec’20 against Rs. 10,74,157 in Dec’19 with a Y-o-Y growth of 0.7 %.  

· Domestic CASA Share improved by 277 bps on Y-o-Y basis to 44.66 % in Dec’20. CASA Deposits grew by 6.4 % on Y-o-Y basis to Rs. 4,70,282 Crore in Dec’20.  

· Savings Deposit grew by 8.4 % on Y-o-Y basis to Rs. 3,99,418 Crore as on Dec’20.  

· Gross Global Credit was at Rs. 7,27,432 Crore as on Dec’20 against Rs. 7,16,483 Crore in Dec’19 with a Y-o-Y growth of 1.5 %.  

· Housing loan grew by 6.5 % on Y-o-Y basis to Rs. 83071 Crore in Dec’20.  

· CRAR as per Basel III increased to 13.88 % in Dec’20 from 12.84 % in Sept’20.  

· Operating Profit grew by 13.9 % on Y-o-Y basis to Rs. 6391 Crore in Q3 FY’21.  

· Net Profit for the quarter is at Rs. 506 Crore as on Dec'20 as against Rs 621 crore as on Sept’20.  

· Global NIM increased to 3.09 % in Q3FY21 against 2.49% in Q3FY20.  

· Cost to Income Ratio improved QoQ to 43.38% in Q3FY21 from 47.87% in Q2FY21. 

 · Global Cost of Deposits declined to 4.23% in Q3FY21 from 4.48% in Q2FY21.  

· GNPA ratio at 12.99 % in Dec’20 declined by 44 bps from 13.43 % in Sep’20.  

· NNPA ratio at 4.03 % in Dec’20 declined by 72 bps from 4.75 % in Sep’20.  

· Provision Coverage Ratio (PCR) including TWO improved by 216 bps to 85.16 % as on Dec’20 from 83.00 % as on Sep’20. 

 

Business Performance in Key Parameters (as on 31.12.2020)  

❖ Domestic Deposits stood at Rs. 10,52,844 Crore as at the end of Dec’20 as against Rs. 10,55,306 Crore in Dec’19. 

 ❖ Domestic Advances stood at Rs. 7,04,979 Crore as at the end of Dec’20 as against Rs. 7,00,164 Crore in Dec’19.  

❖ Domestic Business stood at Rs. 17,57,823 Crore as at the end of Dec’20 as against Rs. 17,55,470 Crore in Dec’19.  

❖ Savings Deposit stood at Rs. 3,99,418 Crore as on Dec’20 and Current Deposit was at Rs 70,864 crore. 

 

Priority Sector  

❖ Mandated Credit under National Goal achieved by the Bank in all parameters i.e. Priority Sector 40%, Agriculture 18%, Credit to Small and Marginal Farmers 8% and Credit to Weaker Section 10%.  

❖ Achievement under Priority sector Credit is 42.4% at Rs. 2,84,122 Crore as on Dec’20.  

❖ Achievement under Agriculture is 18.59% at Rs. 1,24,549 Crore as on Dec’20.  

❖ Credit to Small and Marginal farmers target is 8.01% at Rs. 53,623 Crore as on Dec’20.  

❖ Achievement under Credit to Weaker Sections is 11.04% at Rs. 73,933 Crore as on Dec’20. 

 

Profitability 

 ❖ Net Interest Income grew YoY by 28.0% to Rs 8,313 crore during Q3FY21 and by 22.4% to Rs 23,539 crore during 9M FY ‘21.  

❖ Total Income stood at Rs 23,299 crore during Q3FY21 and at Rs 71,030 crore during 9M FY ‘21.  

❖ Total Expenditure declined by 10.9% to Rs 16,908 crore during Q3FY21 and by 5.0% to Rs 53,684 crore during 9M’21. 

 ❖ Operating Profit grew by 7.5% on Y-o-Y basis to Rs. 17,346 Crore in 9M’21. 

 

Efficiency Ratios  

❖ Global Yield on Advances was at 7.72% in Q3FY21 against 7.88% in Q3FY20.  

❖ Global Cost of Deposits declined to 4.23% in Q3FY21 from 5.19% in Q3FY20 and 4.48% in Q2FY21. 

 

Asset Quality  

❖ Gross Non Performing Assets (GNPA) has declined to Rs. 94479 Crore as on Dec’20 from Rs. 96314 Crore as on Sep’20.  

❖ Net Non Performing Assets (NNPA) has declined to Rs. 26598 Crore as on Dec’20 from Rs. 30920 Crore as on Sep’20.  

❖ Provision Coverage Ratio (PCR) excluding TWO improved to 71.85% as on Dec’20 from 67.90% as on Sep’20 and 58.25% on Dec’19. Credit Cost stood at 2.05% in Dec’20. 

 

Distribution Network  

❖ 10925 branches (1967 Metro, 2294 Urban, 2742 Semi-Urban & 3922 Rural). 2 Overseas branches at Hong Kong and Dubai.  

· 13914 ATMs.  

· 12346 BCs 

 

Capital Adequacy  

❖ CRAR as on December, 2020 improved to 13.88%. Out of which, Tier-I CRAR is 10.90%, CET-I is 10.12% and Tier-II CRAR is 2.98% as on Dec’20.  

· Bank has raised Rs. 3,000 Crore Capital through Tier-II Bonds during Q3 FY 21.  

· Bank has raised Capital through AT 1 bonds of Rs. 495 crore in Jan’ 2021. 

 

Digitalization  

❖ Mobile Banking users crossed 96 lakh and Internet Banking users crossed 250 Lakh. UPI transactions increased YoY by 23% to 70.18 Crore.  

❖ POS installed increased YoY by 31% to 1,09,266. 

 ❖ Bharat/BHIM QR Code installed increased to 4,53,859. 

 

Financial Inclusion  

❖ Amount mobilized under Pradhan Mantri Jan Dhan Yojana stood as below: Particulars As on 31.12.2020 Accounts opened under PMJDY (No. in Lakh) 394 Amount mobilized (Average Balance – Amt in Rs.) 4021  

❖ Enrollment under PMJJBY, PMSBY & APY:- (No. in Lakh) JANSURAKSHA SCHEME ENROLLMENT UP TO DEC’20 Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 33.1 Pradhan Mantri Suraksha Bima Yojana (PMSBY) 147.8 Atal Pension Yojana (APY) 13.9 

 

Amalgamation Update  

Integration of all major applications/systems like CBS, ATM switch, Internet Banking, Mobile Banking has been successfully completed.  

❖ 174 surround applications have been made live.  

❖ Payment system integration of NEFT/RTGS, IMPS, UPI, NACH/ECS, BHIM has been completed.  

❖ Best fit digital solutions of PNB, e-OBC and e-UNI rolled out to all bank customers upon migration: Internet Banking (Retail & Corporate), PNB One, UPI, PIHU, M- Passbook, Tab Banking. 

 

New Initiatives Undertaken  

❖ Gram Sampark Abhiyan – (Launched on 2nd October 2020): 11 Lakh customers contacted in around 30000 camps with increased Credit sanctions, digital on-boarding and Enrolment for Social Security.  

❖ Launch of Digital Lending Solution-PNB LenS: Bank has /customized IT based Loan Management System i.e. PNB LenS (The Lending Solution) to speed up and maintain consistency in underwriting standards in loan processing and sanctioning of credit proposals.  

❖ To accelerate the growth of forex business, Bank launched Trade Finance Redefined Portal. Fx-Retail portal is also being popularized for direct access to Interbank market. ❖ Fintech Initiative: PNB joins hands with IIT Kanpur to set up Fintech Innovation Centre to conduct research and develop technological solutions for addressing the challenges & explore opportunities in BFSI gamut. 

 

Awards and Accolades  

❖ ET-BFSI Excellence Awards 2020- Most Innovative Public Sector Bank of the Year. ❖ IBA Banking Technology Award 2020 – Winner of the Most Innovative Project Using Technology - PNBOne  

❖ DSCI Excellence Award 2020 under the Category “Security Leader of the Year Banking”  

❖ IBA Banking Technology Awards 2020 - Runner Up in Best Use of Data and Analytics for Business Outcome in Large Bank Category 

 

Social Media Presence of the Bank:  

(No. of Followers) ❖Facebook: 9,85,945 (https://www.facebook.com/pnbindia/) ❖Twitter: 1,77,946 (https://twitter.com/pnbindia)  

❖LinkedIn: 67,292(https://in.linkedin.com/company/pnbindia)  

❖Instagram: 57,399 (https://www.instagram.com/pnbindia/)  

❖Youtube: 47,993 (https://www.youtube.com/pnbindia) 

Kansai Nerolac Paints announces the launch of Nerolac Excel “Multi Surface Protection Sheets”

Bengaluru, 5th February 2021: Kansai Nerolac Paints Ltd. (KNPL), one of the leading paint companies in India is proud to present its latest groundbreaking innovation, the Nerolac Excel “Multi Surface Protection Sheets”. Nerolac has consistently worked towards innovations and promoting transformation and environmental sensitivity through its product portfolio and customer awareness campaigns.



The Nerolac Excel ‘Multi Surface Protection Sheets’ are truly unique. With benefits ranging across anti-bacterial, anti-viral properties to odour and humidity control, these sheets can be used on a variety of surfaces inside homes such as wardrobes, study tables, shoe racks, doorknobs, milk baskets, staircases, dustbins and more. These sheets are available in two convenient sizes and price points including A4 (MRP Rs 800/-) and A2 (MRP Rs 2000/-) on the Nerolac brand store on Amazon & paint selling outlets.



Commenting on the launch, Mr. Anuj Jain, Executive Director, Kansai Nerolac Paints Ltd. said, “Consumers are increasingly looking for solutions that can improve quality of life at home. Occurrence of odour, humidity and germs cause many household problems related to health & hygiene. Most of the solutions available in the market provide temporary relief and prove to be a drain on household budgets. Nerolac Excel “Multi Surface Protection Sheets” are designed to offer solutions for a variety of household issues and are a convenient way to improve health & hygiene of our homes for a longer period. We are confident that Indian households will appreciate this innovation and try it.”



The Nerolac Excel “Multi Surface Protection Sheets” is yet another offering by Nerolac in its attempt to offer its consumers a healthy and germ-free environment. The company remains committed to its purpose of building environments for a healthy and beautiful future.



About Kansai Nerolac Paints Limited:

With a rich heritage of 100 years in the paint industry, Kansai Nerolac Paints is one of the largest paint companies in India and the leader in industrial segment. A wholly owned subsidiary of Kansai Paint Co. Ltd., Japan, which is among the Top 10 companies worldwide, Kansai Nerolac manufactures a diversified range of products ranging from decorative paint coatings for homes, offices, hospitals, and hotels to sophisticated industrial coatings for industries. Kansai Nerolac has established itself as a leader in product innovation with its initiatives including no added lead, low VOC and HD finishes with brands like Excel. Its product portfolio and customer awareness campaigns promote environmental sensitivity. www.nerolac.com