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Punjab National Bank (abbreviated as PNB) is an Indian government public sector bank based in New Delhi. It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs .
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.
PNB Housing Finance Limited (PNB Housing) is an Indian housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in ...
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Sardar Dyal Singh Majithia (1848–1898) was an Indian banker and activist in progressive and social reform measures in Punjab. [1] He established The Tribune English language newspaper in Lahore in 1881, and later remained founder chairman of the Punjab National Bank, established in 1894. [2] [3] Dyal Singh trust also donated many acres of ...
PNB MetLife India Insurance Company Limited (PNB MetLife) established in 2001 is one of the leading life insurance companies in India.PNB MetLife shareholders include MetLife International Holdings LLC (MIHL), Punjab National Bank (PNB), Jammu & Kashmir Bank Limited (JKB), and M. Pallonji and Company Private Limited, as well as other private investors.
Punjabi culture grew out of the settlements along the five rivers (the name Punjab, is derived from two Persian words, Panj meaning "Five" and Âb meaning "Water") which served as an important route to the Near East as early as the ancient Indus Valley civilization, dating back to 3000 BCE. [1] Agriculture has been the major economic feature of ...
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