Alankit shortlisted by Punjab National Bank as business correspondent

Alankit Limited, a New Delhi-based Indian e-governance service provider, said that it has been shortlisted by Punjab National Bank (PNB) as a national business correspondent.

The company said that it will be entitled to get a substantial amount from Punjab National Bank for providing banking services through kiosks.

In consideration of the roles and responsibilities, Alankit Limited shall be entitled to receive from Punjab National Bank a substantial amount.

The company stated: “Alankit believes that growth in Order Book position is a result of their track record of successful execution of projects, which has led to ability to successfully bid and win new projects.

“The growth of average size of new orders, together with our diversified business activities in the projects, the risks associated with any particular industry, while simultaneously helping us to benefit from the synergies of operating in diverse business sectors.”

Alankit Limited, which is part of Alankit group, is engaged in providing GST suvidha provider (GSP), Aadhaar services, distribution of EESL, business correspondent, and distribution of ID card printers among others.