Punjab National Bank becomes 1st Bank to credit Salary Arrears to its employees

On March 8th, 2024, an important agreement called the 12th Bipartite Settlement was signed, bringing about significant changes in the banking industry. This settlement aimed to revise the salary structure and various allowances for bankers, ensuring fair compensation for their work. As part of this agreement, bankers were pleased to learn that their salaries would increase by an impressive 17%, reflecting the recognition of their efforts.

line with this request, Punjab National Bank took the lead in providing swift payment to its employees. On March 23rd, they credited the salary arrears to their deserving workforce.