PNB signs pact with IIFCL

Punjab National Bank has entered into a MoU with India Infrastructure Finance Company Ltd. The MoU was inked by Dr. K.C. Chakrabarty, PNB Chairman, and Mr S.S.Kohli Chairman and Managing Director, IIFCL, here on Wednesday. Under the MoU, PNB and IIFCL will cooperate and complement each other's capabilities in the area of creating a deal flow of infrastructure projects that could be structured along commercially viable lines based on project appraisal undertaken by PNB, IIFCL and PNB Gilts Ltd.

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