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Punjab National Bank (PNB)

Punjab National Bank (PNB) logoPunjab National Bank (PNB) is the third largest bank in India. PNB has a banking subsidiary in the UK, as well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai. Total assets: US$ 67.4 billion (2010).

Punjab National Bank continues to maintain its frontline position in the Indian banking industry. In particular, the bank has retained its № 1 position among the nationalized banks in terms of number of branches, Deposit, Advances, total Business, Assets, Operating and Net profit in the year 2009-10. The impressive operational and financial performance has been brought about by Bank’s focus on customer based business with thrust on CASA deposits, Retail, SME & Agri Advances and with more inclusive approach to banking; better asset liability management; improved margin management, thrust on recovery and increased efficiency in core operations of the Bank.


These ads are not affiliated with Punjab National Bank (PNB)

Headquarter:
New Delhi, India
Key People:
Sh.K.R.Kamath (Chairman & Managing Director)
Company Type:
Public (BSE: 532461, NSE: PNB)
Website:www.pnbindia.com
Head Office:5, Sansad Marg, New Delhi-110001
Phone: 91-11-23711691
Founded:1895
ID: 1042. Updated: 20.02.2011
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction. The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources.

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters

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