Indian Navy and Punjab National Bank inked two memorandums of understanding. PNB Agni Rakshak A/c to Agniveers Induction into Indian Navy: One MoUi. The second MoU relates to the provision of PNB Rakshak Plus A/c, a salary account that has been especially created for serving members of the armed forces and veterans (pensioners) of the Indian Navy. Commodore S. K. Verma, CMDE (P&A), on behalf of the Indian Navy, and Shri Sumesh Kumar, General Manager, on behalf of PNB, signed and exchanged the MoUs. The Chief Defence Banking Advisor for PNB, Major General Raj Sinha, VSM, attended the event as well.