Public sector lender Punjab National Bank has launched a retail asset branch, a specialist branch of its kind in Hyderabad, Andhra Pradesh.

The branch is targetted to cater to fast and swift processing of retail loans for customers.

The inauguration of the new branch was done by Mr S. Ranganathan, Field General Manager (South), PNB.

He said that the bank was spearheading in providing improved services to customers through a wide range of retail products in segments of education, home loan, car loan and others.

The new branch will bear staff which is well versed in retail product knowledge.

The bank presently has a branch count of 86 and ATM count of 81 in the state.