Agartala, Feb 3 (NationPress) Tripura Gramin Bank (TGB), a prominent player among India's 28 Regional Rural Banks (RRBs), has introduced its inaugural co-branded ‘RuPay Credit Card’ in partnership with its sponsoring institution, Punjab National Bank (PNB).

An official from the bank announced on Tuesday that TGB has the honor of being the first RRB among the eight sponsored by PNB and the first nationwide to launch a co-branded ‘RuPay Credit Card’, marking a pivotal achievement in India's banking landscape.

In its Golden Jubilee year, Tripura Gramin Bank operates through 150 fully functional branches and 12 ultra-small branches throughout the state. This groundbreaking initiative has been introduced under the visionary guidance of Satyendra Singh, Chairman of TGB, whose commitment to digital empowerment and customer-oriented banking continues to steer the institution toward innovation and excellence, as stated by the official.

Singh's leadership has been instrumental in transforming the Bank's Golden Jubilee vision into forward-thinking initiatives. The introduction of the PNB-TGB co-branded ‘RuPay Credit Card’ signifies a crucial advancement in the Bank's digital transformation journey, enhancing customer ease and fostering inclusive growth.

This initiative will provide customers, especially in rural and semi-urban areas, with seamless access to modern credit facilities within the trusted RuPay ecosystem.

The launch event saw the presence of Rakhi Biswas, Director (Small Savings, Group Insurance & Institutional Finance), TGB Chairman Satyendra Singh, Deepak Kumar, General Manager of Punjab National Bank (Head Office), along with other senior officials.

As per the announcement, this launch further solidifies the enduring collaboration between Tripura Gramin Bank and Punjab National Bank, reaffirming their mutual commitment to innovative, trustworthy, and sustainable banking solutions for the citizens of Tripura.

As the Bank marks its 50 years of service, trust, and transformation, this achievement underscores its progressive leadership, institutional resilience, and ongoing dedication to empowering customers through contemporary banking solutions, the official added.

Previously, TGB Chairman Satyendra Singh remarked that the Bank has positioned itself as a leader in executing Prime Minister Narendra Modi's flagship welfare programs, ensuring transparent, swift, and dignified delivery of benefits at the grassroots level. He emphasized that the Bank is not just commemorating five decades as a financial institution but celebrating 50 years of partnership with the people of Tripura and the state government in fostering a more inclusive, resilient, and empowered economy.

Highlighting key initiatives, Singh noted that through the Pradhan Mantri Jan Dhan Yojana, the Bank has integrated thousands of unbanked households into the formal financial system.

“Through Direct Benefit Transfer (DBT), we have guaranteed timely delivery of government benefits, reinforcing public trust and preventing leakages,” he stated.

The Chairman also pointed out that the Bank's extensive work under various schemes, including the Kisan Credit Card, Pradhan Mantri Fasal Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana, has significantly improved social and financial security for farmers, workers, and other marginalized groups.

Stressing the Bank's involvement in implementing Tripura government initiatives, Singh affirmed that Tripura Gramin Bank continues to actively promote rural livelihoods, women's empowerment, and youth entrepreneurship across the state.