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Punjab National Bank (abbreviated as PNB) is an Indian government public sector bank based in New Delhi. [ 5 ] 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. [ 6 ][ 3 ] PNB has a banking subsidiary in the UK ...
Punjab National Bank (PNB) alleges associates of three firms - Diamond R US, M/s Solar Exports and M/s Stellar Diamonds- approached PNB on 16 January 2018, with a request for LoUs to make payment to its overseas suppliers. The bank demanded at least a 100 percent cash margin for issuing LoUs, but the firms contested that they had received LoUs ...
Banker. Title. MD and CEO, Punjab National Bank. Term. January 2022 – present. Atul Kumar Goel is an Indian businessman. He is the Managing Director and Chief Executive Officer of Punjab National Bank. He is a former Chief Executive Officer and Managing Director of UCO bank. He has also worked in Allahabad Bank. [1][2][3][4]
12.76% (2020) Website. punjabandsindbank.co.in. Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. [3] As of 31 March 2024, the bank has 1564 branches, which are widely spread across India. The largest number of branches are in the state of Punjab - 635 branches. The bank has 25 zonal offices, which are located all ...
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [ 31 ] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to ...
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 ...
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
Oriental Bank of Commerce. Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India was merged with Punjab National Bank, making the latter the second-largest public sector bank in India. [4]