'Naye Bharat Ki Nayi Khadi': KVIC highlights innovation and contemporary design (See 'Corp Brief') Misc - Inclusion of royalty, DMF and NMET in sale value under Mineral Conservation and Development Rules, 2017, is valid measure for computation of average sale price and does not alter nature of royalty u/s 9 of MMDR Act: SC (See 'Legal Desk') IICA, DG Resettlement hold 5th Batch of Directors' Certification in Corporate Governance (See 'Corp Brief') DIBD, PNB sign MoU to advance Multilingual AI for Inclusive Banking (See 'Corp Brief') IBC - Refund of court fees cannot be denied merely because dispute was resolved through CIRP framework rather than through formal court-referred process u/s 89 CPC: HC (See 'Legal Desk') BRICS Nations adopt Landmark Declaration on Labour and Employment (See 'Corp Brief') PMLA - Appellant cannot bypass strict statutory timelines of PMLA by filing defective appeal & allowing it to continue for seven months under guise of re-filing: HC (See 'Legal Desk') India Mining Week 2026 to be held in November 15-17 (See 'Corp Brief') A&C - Debarment letter issued by AAI is administrative order arising from AAI's independent statutory and administrative powers, and not contractual measure under construction contract: HC (See 'Legal Desk') Cabinet approves two multitracking projects covering Four Districts across Odisha and Jharkhand (See 'Corp Brief') Ministry of Mines to launch 8th Tranche of Auction of Critical and Strategic Mineral Blocks (See 'Corp Brief') IPR - In copyright action involving logos, mere visual resemblance and prior adoption are not enough to justify interim relief, and reasonable possibility of access and prima facie causal link must be shown: HC (See 'Legal Desk') BIS hosts Heads of National Standardization Bodies of BRICS (See 'Corp Brief') Geo-spatial mapping of India-Myanmar border is in progress: MoS (See 'Corp Brief') Copyright - Purpose of proviso to Section 45(1) of Act is to maintain purity of register & prevent unscrupulous entities from evading trademark law by seeking shelter under false claims of copyright ownership over artistic work that mirrors another's registered trademark: HC (See 'Legal Desk') Bharat Tex 2026: Where India's Textile Vision meets the World's Trade Ambition (See 'Corp Brief') India Post records Highest-Ever Q1 Revenue of Rs.4,000 Crores (See 'Corp Brief') IPR - Confusion among consumers in pharmaceutical matters can be extremely detrimental, especially in relation to antibiotics: HC (See 'Legal Desk') NSFDC showcases success in bolstering entrepreneurship amongst depressed classes (See 'Corp Brief') Govt reviews BSNL performance for Q1 FY 2026-27 (See 'Corp Brief') India enters next phase of governance transformation with AI-driven administrative reforms: MoS (See 'Corp Brief') IPR - If infringing use is coupled alleged fraudulent online payment & earning schemes, conduct may be treated not merely as trademark infringement and passing off, but also as phishing & cyber fraud justifying urgent intervention: HC (See 'Legal Desk') MeitY releases 2nd edition of the Digital Threat Report 2025-26 for BFSI Sector (See 'Corp Brief') On Eve of Bharat Tex 2026, India prepares to host World's Largest Global Textiles Expo (See 'Corp Brief') IPR - In vitro screening method functions as diagnostic process, which is barred from patentability u/s 3(i) of Patents Act: HC (See 'Legal Desk') 'SANKALP' to guide CPWD's Journey towards Future-Ready Organisation: Union Minister (See 'Corp Brief') Healthcare facilities worth Rs 668 Crore to benefit 53 Lakh ESI Beneficiaries (See 'Corp Brief') Chouhan gives message of Green India during dialogue with Vriksh Mitra (See 'Corp Brief') IPR - If on visual comparison, rival medicinal marks are strikingly similar in essential features, overall get up and packaging, and where trade channels and consumer base are common, likelihood of deception is sufficient to justify interim injunction: HC (See 'Legal Desk') Lakhanpur among first towns selected under PM SVANidhi 'Street Food Hub' Plan: MoS (See 'Corp Brief') Paswan hails PMFME Scheme's landmark achievement of 2 lakh Credit-Linked Beneficiaries (See 'Corp Brief') 500 officials participate in inaugural webinar on Anemia and Adolescent Health (See 'Corp Brief') IPR - Purpose of summary judgment in commercial suits is to ensure time-bound disposal and that trial is not default norm: HC (See 'Legal Desk') Ministry of Textiles to organise 'Weave The Future 4.0 - Upcycling Edition' at Dilli Haat (See 'Corp Brief') IPR - For purposes of Sec 57 of Trade Marks Act, foreign proprietor may succeed in rectification by proving that its mark had acquired actionable recognition, even without formal commercial launch or direct sales: HC (See 'Legal Desk') Nadda chairs Steering Group Meeting of Ayushman Bharat Digital Mission (See 'Corp Brief') DoP and TRAI to conduct Village-Level Telecom Network Performance Survey (See 'Corp Brief') IBC - Demand notice in Form B under Rule 7(1) of Personal Guarantor Rules is only procedural requirement prior to filing and does not amount to invocation of guarantee: NCLT (See 'Legal Desk') Tech Innovation and disruption in Construction Industry (See 'CORP EINSICHT')

Print

DIBD, PNB sign MoU to advance Multilingual AI for Inclusive Banking

Published: Jul 16, 2026

By TIOLCorplaws News Service

NEW DELHI, JULY 16, 2026: THE Digital India BHASHINI Division (DIBD), under the Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), Government of India, and Punjab National Bank (PNB), have signed a Memorandum of Understanding (MoU) to collaborate on advancing multilingual AI solutions for inclusive banking and citizen-centric financial services through the BHASHINI for Seva/Sanchalan initiative.

The MoU was signed by Amitabh Nag, CEO, Digital India BHASHINI Division, and Atish Kumar Rout, Chief General Manager (Digital), Digital Banking Transformation Division, Punjab National Bank.

The collaboration aims to leverage BHASHINI's indigenous multilingual AI ecosystem to enable language-inclusive banking services by integrating AI-powered language technologies across PNB's digital banking ecosystem. Through this partnership, customers will be able to access banking information, digital platforms and services in their preferred Indian languages, making banking more accessible, intuitive and inclusive while enhancing customer experience and supporting financial inclusion.

Under the MoU, both organisations will collaborate across BHASHINI Udyat, Mitra, AppMitra, Pravakta and Bhashadaan to integrate multilingual AI capabilities into PNB's digital platforms and services. The partnership will facilitate multilingual access to banking services through BHASHINI's language translation APIs and reference applications, develop domain-specific language models and banking glossaries, strengthen multilingual communication and documentation using AI-powered language tools, encourage linguistic data contribution for continuous improvement of language technologies, and promote wider awareness and adoption of multilingual digital banking solutions.

The collaboration will also support the integration of BHASHINI's language technologies across PNB's digital channels, enabling seamless multilingual interactions between customers and banking services. By reducing language barriers and improving access to digital financial services, the partnership aims to strengthen customer engagement, expand the reach of banking services across diverse linguistic communities, and contribute to the Government of India's vision of inclusive Digital Public Infrastructure.

The partnership is expected to accelerate the adoption of multilingual AI across the banking sector, foster innovation in AI-enabled financial services, and support the development of accessible, citizen-centric digital banking that empowers every customer to engage confidently in their language of choice.

M. Paramasivam, ED, Punjab National Bank said- "The collaboration between BHASHINI and Punjab National Bank demonstrates how Digital Public Infrastructure can accelerate inclusive digital transformation across sectors. By combining multilingual AI with public service delivery, this initiative will help bridge language barriers and ensure that digital banking services are more accessible, equitable, and citizen-friendly for people across the country."

Amitabh Nag, CEO, Digital India BHASHINI Division, said- "Language should never be a barrier to accessing essential banking services. Through this partnership with Punjab National Bank, we are advancing BHASHINI's vision of a voice-first multilingual banking system, where every stakeholder interaction is multilingual and voice-first. By integrating BHASHINI's AI-powered language technologies into the banking ecosystem, we are taking another significant step towards building an inclusive Digital Public Infrastructure that enables citizens to seamlessly access financial services in their preferred Indian language. This collaboration reinforces our commitment to making digital banking more intuitive, inclusive, and citizen-centric."

Atish Kumar Rout, Chief General Manager (Digital), Digital Banking Transformation Division, Punjab National Bank, said- "Punjab National Bank remains committed to delivering accessible, secure, and customer-centric digital banking services. Our collaboration with the Digital India BHASHINI Division will enable us to leverage cutting-edge multilingual AI technologies, making our digital platforms more inclusive and easier to use for customers across diverse linguistic backgrounds."

About Digital India BHASHINI Division (DIBD)

The Digital India BHASHINI Division (DIBD), under Digital India Corporation (DIC), MeitY, is India's national initiative for AI-driven multilingual digital inclusion. Through the National Hub for Language Technology (NHLT), BHASHINI powers 800+ government websites, has enabled 8+ billion AI inferences, processes 20+ million AI inferences daily, and supports 36 Indian text languages, 23 Indian voice languages, and 35 international languages. DIBD also advances multilingual AI through research, open innovation, datasets, startups and academic collaboration, strengthening India's Digital Public Infrastructure (DPI).

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.