📺 Stream EntrepreneurTV for Free 📺

Punjab National Bank Launches Virtual Branch In Metaverse The bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Twitter

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. According to a PTI report, it is a virtual branch of the bank for the existing and new customers to explore the bank's products and services such as bank deposits, retail/MSME loans, digital products, women/senior citizens, 'Do It Yourself' and government flagship schemes.

"In this new phase of the internet, which evolves from a disparate collection of sites and apps into a persistent 3D environment, where moving from work to a social platform is as simple as walking from the office to the movie theatre across the street," said PNB managing director Atul Kumar Goel, in a statement.

"With this technology, we are looking forward to increasing the customer engagement rate, improving customer acquisition process and providing a hyper-personalized customer experience," he added.

The statement further noted that the bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Franchise

Burger King Makes a $300 Million Investment in Modernizing Its Restaurants — See the Updated Look Here

The fast-food giant is set to revamp 1,100 of its U.S. locations, signaling a significant next phase in its ongoing "Reclaim the Flame" initiative.

Side Hustle

The Sweet Side Hustle She Started in an Old CVS Made $800,000 in One Year. Now She's Repeating the Success With Her Daughter — and They've Already Exceeded 8 Figures.

Mother-daughter team Elisabeth and Gina Galvin are taking their snack brand Stellar Snacks to new heights, literally — you've probably seen their products in-flight.

Health & Wellness

Bouncing Back After Tragedy Isn't Impossible — Three Ways I Found Meaning Again as a Legally Blind CEO.

Coming back from a devastating diagnosis, debilitating condition or loss may feel like a faraway dream. But you can find meaningful work, even with a limitation or challenge, by following these three strategies to get you back on track.

Leadership

4 in 5 Employees Want to Learn How to Use AI at Work, New Research Shows — and It's on Leaders to Teach Them. Here's How.

Discover strategies for promoting continuous learning and development, a requisite for survival in today's increasingly AI-powered workplace.