New Delhi: Centre for Development of Telematics (C-DOT), a premier Government of India research and development institution under the Ministry of Communications, has signed a Memorandum of Understanding (MoU) with Punjab National Bank , one of India’s leading public sector banks, to strengthen PNB’s IT infrastructure and accelerate its technology transformation journey.
Collaboration Focus and Solutions
The collaboration focuses on harnessing indigenous, secure, scalable banking and technology solutions tailored to PNB’s requirements. Centre for Development of Telematics offers a comprehensive suite of advanced IT products and services including Switching and Routing, Network Management Systems, Wireless technology, AI applications, Cybersecurity, Quantum Communication, and other solutions. The partnership aims for faster deployment of advanced infrastructure ensuring secure, scalable, and regulatory-compliant IT capabilities aligned with PNB’s strategic priorities.
Signing Ceremony and Key Participants
The MoU signing ceremony took place at the C-DOT Headquarters in New Delhi with senior executives from both the companies present. Key PNB officials included Shri Manish Agrawal, GM; Shri Surendra Vishwakarma, GM; and Shri Manish Sharma, DGM. C-DOT was represented by Dr. Rajkumar Upadhyay, CEO; Dr. Pankaj Kumar Dalela, EVP1; Ms. Shikha Srivastava, EVP2; Shri Rajeev Kumar, Registrar; and Shri Mahinder Singh, CFO.
Statements from Leadership
Shri Manish Agrawal, GM-IT, PNB, said,
“This strategic partnership marks a significant milestone in PNB’s IT transformation journey. Leveraging C-DOT’s expertise, we will accelerate modernization, enhance customer touchpoints, and deliver secure, seamless digital banking services across India, creating a resilient, technology-driven, and customer-first banking ecosystem.”
Dr. Rajkumar Upadhyay, CEO, C-DOT, added,
“Fostering interdisciplinary collaboration with Punjab National Bank is crucial to Atmanirbhar Bharat, by extending secure, efficient, and digitally inclusive financial services to citizens. This initiative reflects our collective commitment to innovation, sustainability, and inclusivity.”
Supporting India’s Digital Vision
This partnership aligns with the Government of India’s Digital India vision and the aspiration of Atmanirbhar Bharat, aiming to enhance operational resilience, rapid adoption of indigenous technologies, and trust in technology-driven financial services. C-DOT’s four-decade legacy in telecom innovation, including BharatNet, 4G/5G, Cybersecurity, AI, IoT/M2M, and exploratory 6G research, underpins its capability to support PNB’s technology modernization.
Conclusion
The C-DOT-PNB MoU strengthens the digital foundation of one of India’s largest public sector banks, heralding an era of advanced, secure, and inclusive banking technology. This collaboration is positioned to drive financial inclusion and sustainable digital growth in India’s banking sector.
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Source: PIB
