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New Bank of India was established in 1936, in Lahore by Mulk Raj Kohli, a professor of Economics turned banker. It moved its head office to Amritsar in 1947, and then to New Delhi in 1956. It acquired Didwana Industrial Bank in 1965, Chawla Bank in 1969, and Sahukara Bank in 1971. Earlier New Bank of India had acquired Punjab & Kashmir Bank.
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.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India.
Punjab National Bank Scam This page was last edited on 25 February 2021, at 09:10 (UTC). Text is available under the Creative Commons ...
The National Bank for Agriculture and Rural Development (NABARD) is an All India Financial Institution (AIFI) [4] and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. [5] It was established under the NABARD Act 1981 passed by the Parliament of ...
He was also associated with the management of Punjab National Bank and Lakshmi Insurance Company in their early stages in 1894. In 1914, he quit law practise to dedicate himself to the Indian independence movement and travelled to Britain, and then to the United States in 1917.
Bangiya Gramin Vikash Bank (BGVB) is an Indian Regional Rural Bank established as a Gramin bank in terms of provisions of Regional Rural Banks Act 1976. It is under the ownership of Ministry of Finance , Government of India .
Zafar Masud (Urdu: ظفر مسعود ) is a Pakistani banker who is the current chief executive officer of the Bank of Punjab (BOP), having held the position since 4 April 2020. [1] Masud is also known as one of only two survivors of the PIA Flight 8303 crash in May 2020, in which 97 people perished. [2]