PNB conducts meeting with IOCL dealers

Bank officials explain details of PNB Electronic Dealer Scheme

March 06, 2021 11:12 pm | Updated 11:12 pm IST - Chennai

Punjab National Bank (PNB) on Friday conducted a meeting for petroleum dealers retailing fuel for Indian Oil Corporation Ltd. (IOCL) here.

Bank officials explained the details of its recently launched the PNB Electronic Dealer Scheme (PNB e-Dealer) for IOCL. The scheme aims to provide short-term credit of up to ₹2 crore to authorised, exclusive dealers of the company.

The meeting was chaired by Binod Kumar, zonal manager, Chennai Zone of PNB and Abhishek Sharma, general manager (Retail Sales), IOCL, said a press release from the bank.

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