New Delhi, 24 April 2026: Punjab National Bank (PNB) one of India’s leading public sector banks has taken a significant step towards promoting sustainability and reducing its carbon footprint by introducing Tata electric vehicles into its official fleet.
As part of this initiative, the Bank has inducted 12 Tata Nexon EV vehicles for use by its senior executives, marking a milestone in its commitment to a greener future.
As a part of the bank’s proactive approach towards eco-friendly transformation, the EV fleet was flagged off by MD&CEO Shri Ashok Chandra along with Executive Directors Shri M. Paramasivam, Shri Bibhu Prasad Mahapatra, Shri D. Surendran, and Shri Amit Kumar Srivastava, in the presence of other senior officials of the Bank and representatives from Tata Motors.
Speaking on the occasion, Shri Vishesh Kr Srivastava, CGM, PNB reiterated, ”By adopting electric mobility solutions, PNB aims to reduce greenhouse gas emissions, lower dependence on fossil fuels, and contribute to a cleaner and healthier environment. This initiative aligns with the Bank’s broader Environmental, Social and Governance (ESG) goals, as well as India’s transition towards sustainable development.
PNB remains committed to embedding sustainability into its core operations and leading by example within the banking industry.”
Through this move, PNB aims to:
- Support India’s transition to electric mobility
- Encourage sustainable practices across the banking ecosystem
- Inspire employees and stakeholders to adopt environmentally responsible choices
With this step, PNB reinforces its role as a responsible organization, actively contributing to a cleaner, greener, and more sustainable future.