You are on page 1of 47

Scholarship applications for Wikimania 2010 are now open.

[Hide]
[Help us with
Apply now! translations!]

Punjab National Bank


From Wikipedia, the free encyclopedia
Jump to: navigation, search

Punjab National Bank

Type Public (BSE, NSE:PNB)

Banking
Industry Insurance
Capital Markets and allied industries

Founded Lahore, 1895

Headquarters New Delhi, India

Loans, credit cards, savings, investment


Products
vehicles, insurance etc.

Revenue USD 2.32 billion (2005)

Website www.pnbindia.com

Punjab National Bank (PNB), was registered on May 19, 1894 under the Indian Companies Act
with its office in Anarkali Bazaar Lahore. The Bank is the second largest government-owned
commercial bank in India with about 4,904 branches across 764 cities. It serves over 37 million
customers. The bank has been ranked 248th biggest bank in the world by Bankers Almanac,
London. The bank's total assets for financial year 2007 were about US$60 billion. 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.
Contents
[hide]
• 1 History
• 2 Chairmen of Punjab National Bank
• 3 Forbes Global 2000 Ranking
• 4 References

[edit] History
• 1895: PNB commenced its operations in Lahore. PNB has the distinction of being the
first Indian bank to have been started solely with Indian capital that has survived to the
present. (The first entirely Indian bank, the Oudh Commercial Bank, was established in
1881 in Faizabad, but failed in 1958.) PNB's founders included several leaders of the
Swadeshi movement such as Dyal Singh Majithia and Lala HarKishen Lal,[1] Lala
Lalchand, Shri Kali Prosanna Roy, Shri E.C. Jessawala, Shri Prabhu Dayal, Bakshi Jaishi
Ram, and Lala Dholan Dass. Lala Lajpat Rai was actively associated with the
management of the Bank in its early years.
• 1904: PNB established branches in Karachi and Peshawar.
• 1940: PNB absorbed Bhagwan Dass Bank, a scheduled bank located in Delhi circle.
• 1947: Partition of India and Pakistan at Independence. PNB lost its premises in Lahore,
but continued to operate in Pakistan.
• 1951: PNB acquired the 39 branches of Bharat Bank (est. 1942); Bharat Bank became
Bharat Nidhi Ltd.
• 1961: PNB acquired Universal Bank of India.
• 1963: The Government of Burma nationalized PNB's branch in Rangoon (Yangon).
• September 1965: After the Indo-Pak war the government of Pakistan seized all the offices
in Pakistan of Indian banks, including PNB's headoffice, which may have moved to
Karachi. PNB also had one or more branches in East Pakistan (Bangladesh).
• 1960s: PNB amalgamated Indo Commercial Bank (est. 1933) in a rescue.
• 1969: The Government of India (GOI) nationalized PNB and 13 other major commercial
banks, on July 19, 1969.
• 1976 or 1978: PNB opened a branch in London.
• 1986 The Reserve Bank of India required PNB to transfer its London branch to State
Bank of India after the branch was involved in a fraud scandal.
• 1986: PNB acquired Hindustan Commercial Bank (est. 1943) in a rescue. The acquisition
added Hindustan's 142 branches to PNB's network.
• 1993: PNB acquired New Bank of India, which the GOI had nationalized in 1980.
• 1998: PNB set up a representative office in Almaty, Kazakhstan.
• 2003: PNB took over Nedungadi Bank, the oldest private sector bank in Kerala. At the
time of the merger with PNB, Nedungadi Bank's shares had zero value, with the result
that its shareholders received no payment for their shares.
PNB also opened a representative office in London.
• 2004: PNB established a branch in Kabul, Afghanistan.
PNB also opened a representative office in Shanghai.
PNB established an alliance with Everest Bank in Nepal that permits migrants to transfer
funds easily between India and Everest Bank's 12 branches in Nepal.
• 2005: PNB opened a representative office in Dubai.
• 2007: PNB established PNBIL - Punjab National Bank (International) - in the UK, with
two offices, one in London, and one in South Hall. Since then it has opened a third
branch in Leicester, and is planning a fourth in Birmingham.
• 2008: PNB opened a branch in Hong Kong.
• 2009: PNB opened a representative office in Oslo, Norway, and a second branch in Hong
Kong, this in Kowloon.
• 2010: PNB received permission to upgrade its representative office in the Dubai
International Financial Centre to a branch.
[edit] Chairmen of Punjab National Bank
• 1895-1898 Sardar Dyal Singh Majithia
• 1898-1905 Rai Bahadur Lala Lal Chand
• 1905-1910 Bhagat Ishwar Dass
• 1911-1912 Rai Bahadur Lala Lal Chand
• 1912-1913 Rai Bhadur Lala Sukddyal
• 1913-1915 Bhagat Ishwar Dass
• 1917-1920 Dr. Hira Lal Bhatia
• 1920-1931 Lala Dhanpat Rai
• 1931-1937 Dr. Maharaj Krishana Kapoor
• 1938-1942 Rai Bahadur Diwan Badri Dass
• 1943-1953 Lala Yodh Raj
• 1953-1954 Shriyansh Parshad Jain
• 1954-1959 Seth Shanti Parkash Jain
• 1960-1964 Ram Nath Goenka
• 1964-1967 Kamal Nayan Bajaj
• 1968-1972 Somesh Chander Trikha
• 1972-1975 Parkash Lal Tandon
• 1975-1977 Tirath Ram Tuli
• 1977-1980 Om Parkash Gupta
• 1980-1981 Shyam Lal Chopra
• 1981-1985 Sudarshan Lal Baluja
• 1985-1990 Kundan Lal Aggarwal
• 1990-2000 Rashid Jilani
• 2000–2005 S.S. Kohli
• 2005-2007 Satwant Chand Gupta
• 2007-2009 K.C. Chakrabarthy
• 2009- K.R. Kamath
[edit] Forbes Global 2000 Ranking
Punjab National Bank was ranked 1243 in the Forbes Global 2000 http://www.pnbindia.com [2].
[http://www.forbes.com/lists/2006/18/06f2000_The-Forbes-2000_Counrty_5.html
[edit] References
1. ^ Chapter "The Nations Bankers", Madan Gopal ISBN 81-230-0119-3
2. ^ The Forbes 2000 - Forbes.com]
• Tandon, Parkash Lal (1989) Banking century: a short history of banking in India & the
pioneer, Punjab National Bank. (New Delhi, India: Penguin; New York: Viking).
[hide]
v•d•e

Banking in India

Central bank Reserve Bank of India

Allahabad Bank · Andhra Bank · Bank of Baroda · Bank of India ·


Bank of Maharashtra · Canara Bank · Central Bank of India ·
Corporation Bank · Dena Bank · IDBI Bank · Indian Bank · Indian
Nationalised banks
Overseas Bank · Oriental Bank of Commerce · Punjab & Sind
Bank · Punjab National Bank · Syndicate Bank · UCO Bank ·
Union Bank of India · United Bank of India · Vijaya Bank

State Bank of India · State Bank of Bikaner & Jaipur · State Bank of
State Bank Group Hyderabad · State Bank of Indore · State Bank of Mysore · State
Bank of Patiala · State Bank of Travancore

Private banks Axis Bank · Bank of Rajasthan · Bharat Overseas Bank · Catholic
Syrian Bank · City Union Bank · Development Credit Bank ·
Dhanalakshmi Bank · Federal Bank · Ganesh Bank of Kurundwad ·
HDFC Bank · ICICI Bank · IndusInd Bank · ING Vysya Bank ·
Jammu & Kashmir Bank · Karnataka Bank Limited · Karur Vysya
Bank · Kotak Mahindra Bank · Lakshmi Vilas Bank · Nainital
Bank · Ratnakar Bank · Rupee Bank · Saraswat Bank · SBI
Commercial and International Bank · South Indian Bank · Tamil
Nadu Mercantile Bank · Yes Bank

ABN AMRO · Abu Dhabi Commercial Bank · Antwerp Diamond


Bank · Arab Bangladesh Bank · Bank International Indonesia · Bank
of America · Bank of Bahrain & Kuwait · Bank of Ceylon · Bank of
Foreign bank
Nova Scotia · Bank of Tokyo Mitsubishi UFJ · Barclays Bank ·
Citibank India · HSBC · Standard Chartered · Deutsche Bank ·
Royal Bank of Scotland

Regional Rural South Malabar Gramin Bank · North Malabar Gramin Bank ·
banks Pragathi Gramin Bank · Shreyas Gramin Bank

Real Time Gross Settlement(RTGS) · National Electronic Fund


Financial Services Transfer (NEFT) · Structured Financial Messaging System (SFMS) ·
CashTree · Cashnet · Automated Teller Machine (ATM)
hindi:पंजाब नैशनल बैक
Retrieved from "http://en.wikipedia.org/wiki/Punjab_National_Bank"
Categories: Companies based in New Delhi | Banks of India | Banks established in 1895 |
Government-owned banks in India
Views
• Article
• Discussion
• Edit this page
• History
Personal tools
• Try Beta
• Log in / create account
Navigation
• Main page
• Contents
• Featured content
• Current events
• Random article
Search
Top of Form

Special:Search Go Search

Bottom of Form
Interaction
• About Wikipedia
• Community portal
• Recent changes
• Contact Wikipedia
• Donate to Wikipedia
• Help
Toolbox
• What links here
• Related changes
• Upload file
• Special pages
• Printable version
• Permanent link
• Cite this page
Languages
• తలుగు

• This page was last modified on 11 March 2010 at 13:45.



• Privacy policy
• About Wikipedia
• Disclaimers
v
Axis

About Us| Contact Us| Careers| Investor Relations| Site Map


○ India
○ Hong Kong

Top of Form
Sear
N 24 x 7
Corpor ch
Personal R Priority Banking Bankin
ate g
I

Bottom of Form
About Us About UsAbout Axis Bank

About Axis Bank

Promoters
Board of Directors ABOUT AXIS BANK

Axis Bank was the first of the new private banks to have begun operations in 1994,
Vision 2015 and Core
Values after the Government of India allowed new private banks to be established. The
Bank was promoted jointly by the Administrator of the specified undertaking of the
Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General
Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e.
National Insurance Company Ltd., The New India Assurance Company Ltd., The
Oriental Insurance Company Ltd. and United India Insurance Company Ltd.

Policies
The Bank today is capitalized to the extent of Rs. 403.63 crores with the public
holding (other than promoters and GDRs) at 53.72%.
Compensation Policy

The Bank's Registered Office is at Ahmedabad and its Central Office is located at
Policy on Bank Deposits Mumbai. The Bank has a very wide network of more than 896 branches and

Extension Counters (as on 31st December 2009). The Bank has a network of over
Banker's Fair Practice 4055 ATMs (as on 31st December 2009) providing 24 hrs a day banking
Code
convenience to its customers. This is one of the largest ATM networks in the
Policy on Collection of country.
Local and Outstation
Cheques The Bank has strengths in both retail and corporate banking and is committed to
adopting the best industry practices internationally in order to achieve excellence.
Policy on Collection of
Dues and Repossession of
Security

Code of Bank's
Commitment

Anti Money Laundering


Measures

Patriot Act Certificate

Citizen's Charter -
Exchange of Notes and
Coins

Top of Form
Bottom of Form

Net Banking

Personal Banking

NETSECURE

Copyright© 2007 - Axis Bank. All rights Disclaime Privacy


Best viewed in Internet Explorer 5.5 and above.
reserved. r Policy
to visit SME Buzz - A Business Standard special on the latest news, information and features on Small and M

Welcome,
Budget 2010 Sponsored by Guest
Advanced Search
Feedback | RSS
Login|
Register
Content Guide
30, 2010
Follow us on

Tec BS
Opi Life & Mgmt
Companies & Banking & Economy h Pro
Industry
| Finance
| & Policy | nio | Leisur | & | Wor |duct
n e Mktg
ld s

Today's Paper | Columnists | BS Says | Money & Forex Markets | Q&A | Bank | Insurance | Monetary Policy | Banking Annual

Key w ord
Bottom of Form
is Bank raise rates
mumbai July 31, 2008, 4:00 IST

e Reserve Bank of India’s (RBI) monetary-tightening measures, banks on began raising interest rates,
hike for the second time in a month.

to visit SME Buzz

s Pape Speci
r als

nd at two year high


revenue

ntroduce ultra-low
esel on Thursday
duces penalty on
arrying illegal trade
ces electric Leaf at

More

Pape Speci
r als

Most
Popular
Court upholds Mining
Re E- Co
es fee by Rs 1.5 lakh
ad Mailed mm
ent
Rs 75,000-cr market ed

essing technologies
- LIC
ash flow potential plans Rs 75,000-cr market b
next year
patent challenge
- HUL exits Capgemini indian arm
ng innovations that

- Urine-processing technologies y
cash flow potential
More

- India signs up for Rs 10,500-cr

- Moscow attacks linked to Pak jih


Pape Speci
r
epicentre
als
Write to the Advanced
RSS Archives
Editor Search

Portfolio
BS print
BS e-paper Newsletter
product Tracker

BS Hindi BS Motoring

Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World

Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us
Home Companies & Industry Markets & Investing Mgmt & Mktg
Today's Paper Section Home Section Home Section Home
News Now News Now News Now Guru Speak
BS Weekend Today's Paper Today's Paper Management
The Strategist Q&A Features Marketing
The Smart Investor People in the News Stock Watch Strategy
Photo Gallery Industry News PF News Kit
Video Gallery Features PF Features the strategist
The Compass IPOs Columnists
Research & Analysis Mutual Funds B- Schools
Life & Leisure
Opinion Commodities Books & Ideas
Section Home
Corporate Results Market Trends People & Careers
People
Stock Performance
Features
Banking & Finance Company Financials
Enterprise Tech World
Section Home Money & Forex
Columnists Section Home
News Now
Gadgets & Gizmos News Now
Today's Paper
Travel Economy & Policy Features & Analysis
Columnists
How to Spend It Section Home IT/ITES
BS Says
Books News Now Telecome
Money & Forex Markets
Leisure & Sports Today's Paper Hardware
Q&A
Crossword Features & Analysis Columnists
Bank
Sudoku Politics & Public Affairs Gadgets & Gizmos
Insurance
Q&A
Monetary Policy
Columnists
Banking Annual
BS Says

NRE Account
NRE Account

FCNR Account

FCNR Account

RFC Account

RFC Account

NRO Account

NRO Account

PNB eMoney India

PNB eMoney India

Western Union Money Transfer Service

Western Union Money Transfer Service

Money Transfer Service using Buy IndiaOnline.com

Money Transfer Service using Buy IndiaOnline.com

NRI Accounts

NRI Accounts

Interest Rates

Interest Rates

Foreign Offices

Foreign Offices

Investment Facililities for NRI

Investment Facililities for NRI

Money Transfer

Money Transfer

Domestic Deposit Interest Rates

Domestic Deposit Interest Rates

Credit Schemes Interest Rates

Credit Schemes Interest Rates

EMI Calculator
EMI Calculator

Interest Rates

Interest Rates

Forms

Forms

Internet Banking

Internet Banking

Online Bill Payment

Online Bill Payment

PNB e-Tax

PNB e-Tax

Railway Ticket Booking

Railway Ticket Booking

Online Shopping

Online Shopping

Customer Grievances

Customer Grievances

Suggestions

Suggestions

Email us

Email us

Financial Result MARCH 07

Financial Result MARCH 07

For Borrowers

For Borrowers

For Depositors

For Depositors

Vigilance

Vigilance
Citizen's Charter

Citizen's Charter

Model Policy on Bank Depsits

Model Policy on Bank Depsits

Banking Ombudsman

Banking Ombudsman

Cheque Collection Policy

Cheque Collection Policy

Right to Inoformation Act

Right to Inoformation Act

Fair Practices Code

Fair Practices Code

Corporate Mission

Corporate Mission

Profile

Profile

Heritage

Heritage

Organisational Structure

Organisational Structure

Awards

Awards

Our Commitment

Our Commitment

Locate an ATM

Locate an ATM

Branch Locator

Branch Locator

PNB Prudent Sweep


PNB Prudent Sweep

Total Freedom Salary Account

Total Freedom Salary Account

PNB Vidyarthi SF Account

PNB Vidyarthi SF Account

PNB Mitra SF Account

PNB Mitra SF Account

PNB Smart Roamer

PNB Smart Roamer

PNB Vaibhav

PNB Vaibhav

PNB Gaurav

PNB Gaurav

pnb&tax;BACHAT saver

pnb&tax;BACHAT saver

Anupam Account

Anupam Account

Multi Benefit Deposit Scheme

Multi Benefit Deposit Scheme

Special Fixed Deposit Scheme

Special Fixed Deposit Scheme

Recurring Deposit Scheme

Recurring Deposit Scheme

Flexible Deposit Scheme

Flexible Deposit Scheme

PNB Swecha Jama Yojna / Flexi RD

PNB Swecha Jama Yojna / Flexi RD

Vidya Lakshyapurt

Vidya Lakshyapurt

Sarvottam Shiksha
Sarvottam Shiksha

Housing Loan [PNB Flexible Housing Loan]

Housing Loan [PNB Flexible Housing Loan]

Car Finance

Car Finance

Personal Loan

Personal Loan

Professional Loan

Professional Loan

Education Loan Scheme

Education Loan Scheme

Loan against Mortgage of Property

Loan against Mortgage of Property

PNB Financial Basket Scheme

PNB Financial Basket Scheme

Personal Loan Scheme for Pensioners

Personal Loan Scheme for Pensioners

Privilege Card Scheme

Privilege Card Scheme

Other Credit Scheme

Other Credit Scheme

Savings Fund Account

Savings Fund Account

Current Account

Current Account

Fixed Deposit Schemes

Fixed Deposit Schemes

Credit Schemes
Credit Schemes

ATM / Debit Card

ATM / Debit Card

Nomination Facilities

Nomination Facilities

Sarthak Udhami

Sarthak Udhami

SSI Charter

SSI Charter

PNB Vikas Udhami

PNB Vikas Udhami

PNB Karigar Credit Card

PNB Karigar Credit Card

PNB Kushal Udhami

PNB Kushal Udhami

PNB Laghu Udhami Credit Card

PNB Laghu Udhami Credit Card

PNB Pragati Udhami

PNB Pragati Udhami

SSI Sector

SSI Sector

Traders Finance

Traders Finance

Locate an ATM

Locate an ATM

Branch Locator

Branch Locator

Loan against Future Lease Rentals


Loan against Future Lease Rentals

EXIM Finance

EXIM Finance

Cash Management Services

Cash Management Services

Gold Card Scheme for Exporters

Gold Card Scheme for Exporters

Traders

Traders

Women

Women

Students

Students

Senior Citizens

Senior Citizens

Professionals

Professionals

Army Personnel / Ex-Servicemen

Army Personnel / Ex-Servicemen

Senior Citizens Scheme

Senior Citizens Scheme

PPF Scheme

PPF Scheme

Locker Facilities

Locker Facilities

Government Deposit Schemes

Government Deposit Schemes

Depository Schemes

Depository Schemes
Online Tax Accounting System (OLTAS)

Online Tax Accounting System (OLTAS)

Electronic Fund Transfer

Electronic Fund Transfer

Electronic Clearing Service

Electronic Clearing Service

PNB-Insta Remit

PNB-Insta Remit

Conventional Services

Conventional Services

E-Services

E-Services

Sarthak Udhami

Sarthak Udhami

SSI Charter

SSI Charter

PNB Vikas Udhami

PNB Vikas Udhami

PNB Karigar Credit Card

PNB Karigar Credit Card

PNB Kushal Udhami

PNB Kushal Udhami

PNB Laghu Udhami Credit Card

PNB Laghu Udhami Credit Card

PNB Pragati Udhami

PNB Pragati Udhami

SSI Sector

SSI Sector
Traders Finance

Traders Finance

PNB Prudent Sweep

PNB Prudent Sweep

Total Freedom Salary Account

Total Freedom Salary Account

PNB Vidyarthi SF Account

PNB Vidyarthi SF Account

PNB Mitra SF Account

PNB Mitra SF Account

PNB Smart Roamer

PNB Smart Roamer

PNB Vaibhav

PNB Vaibhav

PNB Gaurav

PNB Gaurav

Spectrum Fixed Deposit Scheme

Spectrum Fixed Deposit Scheme

Anupam Account

Anupam Account

Multi Benefit Deposit Scheme

Multi Benefit Deposit Scheme

Special Fixed Deposit Scheme

Special Fixed Deposit Scheme

Recurring Deposit Scheme

Recurring Deposit Scheme

PNB Swecha Jama Yojna/Flexi RD

PNB Swecha Jama Yojna/Flexi RD

Vidya Lakshyapurt

Vidya Lakshyapurt
Sarvottam Shiksha

Sarvottam Shiksha

Housing Loan [PNB Flexible Housing Loan]

Housing Loan [PNB Flexible Housing Loan]

Car Finance

Car Finance

Personal Loan

Personal Loan

Professional Laon

Professional Laon

Education Loan Scheme

Education Loan Scheme

Loan against Mortgage of Property

Loan against Mortgage of Property

PNB Financial Basket Scheme

PNB Financial Basket Scheme

Personal Loan Scheme for Pensioners

Personal Loan Scheme for Pensioners

Privilege Card Scheme

Privilege Card Scheme

Other Credit Scheme

Other Credit Scheme

Savings Fund Account

Savings Fund Account

Current Account

Current Account

Fixed Deposit Schemes

Fixed Deposit Schemes


Credit Schemes

Credit Schemes

ATM / Debit Card

ATM / Debit Card

Nomination Facilities

Nomination Facilities

Krishi Card

Krishi Card

Agriculture Credit Schemes

Agriculture Credit Schemes

PNB Farmers Welfare Trust

PNB Farmers Welfare Trust

Scheme for House Wife & other women

Scheme for House Wife & other women

Mahila Udyam Nidhi Scheme

Mahila Udyam Nidhi Scheme

PNB Krishi.com

PNB Krishi.com

Farmers

Farmers

Women

Women

Customer Grievances

Customer Grievances

Suggestions

Suggestions

Email us

Email us
Domestic Deposit Interest

Domestic Deposit Interest

Credit Schemes Interest Rates

Credit Schemes Interest Rates

Interest Rates

Interest Rates

Forms

Forms

Internet Banking

Internet Banking

Online Bill Payment

Online Bill Payment

PNB e-Tax

PNB e-Tax

Railway Ticket Booking

Railway Ticket Booking

Online Shopping

Online Shopping

Traders

Traders

Women

Women

Students

Students

Senior Citizens

Senior Citizens

Professionals

Professionals

Salaried Staff
Salaried Staff

Army Personnel / Ex-Servicemen

Army Personnel / Ex-Servicemen

Senior Citizens Scheme

Senior Citizens Scheme

PPF Scheme

PPF Scheme

Locker Facilities

Locker Facilities

Government Deposit Schemes

Government Deposit Schemes

Exchange Facilities for Residents

Exchange Facilities for Residents

Depository Schemes

Depository Schemes

Online Tax Accounting System (OLTAS)

Online Tax Accounting System (OLTAS)

Electronic Fund Transfer

Electronic Fund Transfer

Electronic Clearing Service

Electronic Clearing Service

PNB-Insta Remit

PNB-Insta Remit

Conventional Services

Conventional Services

E-Services

E-Services
NRE Account

NRE Account

FCNR Account

FCNR Account

RFC Account

RFC Account

NRO Account

NRO Account

PNB eMony India

PNB eMony India

Western Union Money

Western Union Money

Transfer Service

Transfer Service

Money Transfer Service using Buy IndiaOnline.com

Money Transfer Service using Buy IndiaOnline.com

NRI Accounts

NRI Accounts

Interest Rates

Interest Rates

Foreign Offices

Foreign Offices

Investment Facililities for NRI

Investment Facililities for NRI

Money Transfer

Money Transfer
Tuesday, 30 Ma

ABOUT FINANCI PERSONAL SOCIAL BANKING CORPORATE BUSINE


US ALS BANKING BANKING ANYWHERE BANKING SECTO

Heritage

Profile

Vision & Mission


PROFILE
With over 38 million satisfied customers and 4668 offices, PNB has
Awards
continued to retain its leadership position among the nationalized banks. The
Organisational Structure bank enjoys strong fundamentals, large franchise value and good brand
Our Commitment
image. Besides being ranked as one of India's top service brands, PNB has
remained fully committed to its guiding principles of sound and prudent
banking. Apart from offering banking products, the bank has also entered
the credit card & debit card business; bullion business; life and non-life
insurance business; Gold coins & asset management business, etc.
Since its humble beginning in 1895 with the distinction of being the first
Indian bank to have been started with Indian capital, PNB has achieved
significant growth in business which at the end of March 2009 amounted to
Rs 3,64,463 crore. Today, with assets of more than Rs 2,46,900 crore, PNB
is ranked as the 3rd largest bank in the country (after SBI and ICICI Bank)
and has the 2nd largest network of branches (4668 including 238 extension
counters and 3 overseas offices).During the FY 2008-09, with 39% share of
low cost deposits, the bank achieved a net profit of Rs 3,091 crore,
maintaining its number ONE position amongst nationalized banks. Bank has
a strong capital base with capital adequacy ratio as per Basel II at 14.03%
PNB Mutual Fund with Tier I and Tier II capital ratio at 8.98% and 5.05% respectively as on
Senior Citizens
March’09. As on March’09, the Bank has the Gross and Net NPA ratio of
only 1.77% and 0.17% respectively. During the FY 2008-09, its’ ratio of
Online Payment priority sector credit to adjusted net bank credit at 41.53% & agriculture
credit to adjusted net bank credit at 19.72% was also higher than the
NRI respective national goals of 40% & 18%.
Foreign Offices PNB has always looked at technology as a key facilitator to provide better
customer service and ensured that its ‘IT strategy’ follows the ‘Business
Services strategy’ so as to arrive at “Best Fit”. The bank has made rapid strides in this
Special Schemes direction. Alongwith the achievement of 100% branch computerization, one
of the major achievements of the Bank is covering all the branches of the
Utilites Bank under Core Banking Solution (CBS), thus covering 100% of it’s
Contact Us business and providing ‘Anytime Anywhere’ banking facility to all
customers including customers of more than 2000 rural branches. The bank
has also been offering Internet banking services to the customers of CBS
branches like booking of tickets, payment of bills of utilities, purchase of
airline tickets etc.Towards developing a cost effective alternative channels
of delivery, the bank with more than 2150 ATMs has the largest ATM
network amongst Nationalised Banks.
With the help of advanced technology, the Bank has been a frontrunner in
the industry so far as the initiatives for Financial Inclusion is concerned.
With it’s policy of inclusive growth in the Indo-Gangetic belt, the Bank’s
mission is “Banking for Unbanked”. The Bank has launched a drive for
biometric smart card based technology enabled Financial Inclusion with the
help of Business Correspondents/Business Facilitators (BC/BF) so as to
reach out to the last mile customer. The BC/BF will address the outreach
issue while technology will provide cost effective and transparent services.
The Bank has started several innovative initiatives for marginal groups like
rickshaw pullers, vegetable vendors, diary farmers, construction workers,
etc. The Bank has already achieved 100% financial inclusion in 21,408
villages.
Backed by strong domestic performance, the bank is planning to realize its
global aspirations. In order to increase its international presence, the Bank
continues its selective foray in international markets with presence in
Hongkong, Dubai, Kazakhstan, UK, Shanghai, Singapore, Kabul and
Norway. A second branch in Hongkong at Kowloon was opened in the first
week of April’09. Bank is also in the process of establishing its presence in
China, Bhutan, DIFC Dubai, Canada and Singapore. The bank also has a
joint venture with Everest Bank Ltd. (EBL), Nepal. Under the long term
vision, Bank proposes to start its operation in Fiji Island, Australia and
Indonesia. Bank continues with its goal to become a household brand with
global expertise.
Amongst Top 1000 Banks in the World, ‘The Banker’ listed PNB at 250th
place. Further, PNB is at the 1166th position among 48 Indian firms making
it to a list of the world’s biggest companies compiled by the US magazine
‘Forbes’.
Financial Performance:
Punjab National Bank continues to maintain its frontline position in the
Indian banking industry. In particular, the bank has retained its NUMBER
ONE position among the nationalized banks in terms of number of branches,
Deposit, Advances, total Business, operating and net profit in the year 2008-
09. The impressive operational and financial performance has been brought
about by Bank’s focus on customer based business with thrust on SME,
Agriculture, more inclusive approach to banking; better asset liability
management; improved margin management, thrust on recovery and
increased efficiency in core operations of the Bank. The performance
highlights of the bank in terms of business and profit are shown below:
Parameters Mar'07 Mar'08 Mar'09 CAGR
Operating Profit* 3617 4006 5744 26.02
Net Profit* 1540 2049 3091 41.67
Deposit 139860 166457 209760 22.47
Advance 96597 119502 154703 26.55
Total Business 236456 285959 364463 24.15
(Rs.Crores)
* Respective figure for the corresponding financial year

<t
NRE Account

NRE Account

FCNR Account

FCNR Account

RFC Account

RFC Account

NRO Account

NRO Account

PNB eMoney India

PNB eMoney India

Western Union Money Transfer Service

Western Union Money Transfer Service

Money Transfer Service using Buy IndiaOnline.com

Money Transfer Service using Buy IndiaOnline.com

NRI Accounts

NRI Accounts

Interest Rates

Interest Rates

Foreign Offices

Foreign Offices

Investment Facililities for NRI

Investment Facililities for NRI


Money Transfer

Money Transfer

Domestic Deposit Interest Rates

Domestic Deposit Interest Rates

Credit Schemes Interest Rates

Credit Schemes Interest Rates

EMI Calculator

EMI Calculator

Interest Rates

Interest Rates

Forms

Forms

Internet Banking

Internet Banking

Online Bill Payment

Online Bill Payment

PNB e-Tax

PNB e-Tax

Railway Ticket Booking

Railway Ticket Booking

Online Shopping

Online Shopping

Customer Grievances

Customer Grievances

Suggestions

Suggestions

Email us

Email us
Financial Result MARCH 07

Financial Result MARCH 07

For Borrowers

For Borrowers

For Depositors

For Depositors

Vigilance

Vigilance

Citizen's Charter

Citizen's Charter

Model Policy on Bank Depsits

Model Policy on Bank Depsits

Banking Ombudsman

Banking Ombudsman

Cheque Collection Policy

Cheque Collection Policy

Right to Inoformation Act

Right to Inoformation Act

Fair Practices Code

Fair Practices Code

Corporate Mission

Corporate Mission

Profile

Profile

Heritage

Heritage

Organisational Structure

Organisational Structure

Awards
Awards

Our Commitment

Our Commitment

Locate an ATM

Locate an ATM

Branch Locator

Branch Locator

PNB Prudent Sweep

PNB Prudent Sweep

Total Freedom Salary Account

Total Freedom Salary Account

PNB Vidyarthi SF Account

PNB Vidyarthi SF Account

PNB Mitra SF Account

PNB Mitra SF Account

PNB Smart Roamer

PNB Smart Roamer

PNB Vaibhav

PNB Vaibhav

PNB Gaurav

PNB Gaurav

pnb&tax;BACHAT saver

pnb&tax;BACHAT saver

Anupam Account

Anupam Account

Multi Benefit Deposit Scheme

Multi Benefit Deposit Scheme

Special Fixed Deposit Scheme

Special Fixed Deposit Scheme


Recurring Deposit Scheme

Recurring Deposit Scheme

Flexible Deposit Scheme

Flexible Deposit Scheme

PNB Swecha Jama Yojna / Flexi RD

PNB Swecha Jama Yojna / Flexi RD

Vidya Lakshyapurt

Vidya Lakshyapurt

Sarvottam Shiksha

Sarvottam Shiksha

Housing Loan [PNB Flexible Housing Loan]

Housing Loan [PNB Flexible Housing Loan]

Car Finance

Car Finance

Personal Loan

Personal Loan

Professional Loan

Professional Loan

Education Loan Scheme

Education Loan Scheme

Loan against Mortgage of Property

Loan against Mortgage of Property

PNB Financial Basket Scheme

PNB Financial Basket Scheme

Personal Loan Scheme for Pensioners

Personal Loan Scheme for Pensioners

Privilege Card Scheme

Privilege Card Scheme

Other Credit Scheme

Other Credit Scheme


Savings Fund Account

Savings Fund Account

Current Account

Current Account

Fixed Deposit Schemes

Fixed Deposit Schemes

Credit Schemes

Credit Schemes

ATM / Debit Card

ATM / Debit Card

Nomination Facilities

Nomination Facilities

Sarthak Udhami

Sarthak Udhami

SSI Charter

SSI Charter

PNB Vikas Udhami

PNB Vikas Udhami

PNB Karigar Credit Card

PNB Karigar Credit Card

PNB Kushal Udhami

PNB Kushal Udhami

PNB Laghu Udhami Credit Card

PNB Laghu Udhami Credit Card

PNB Pragati Udhami

PNB Pragati Udhami

SSI Sector
SSI Sector

Traders Finance

Traders Finance

Locate an ATM

Locate an ATM

Branch Locator

Branch Locator

Loan against Future Lease Rentals

Loan against Future Lease Rentals

EXIM Finance

EXIM Finance

Cash Management Services

Cash Management Services

Gold Card Scheme for Exporters

Gold Card Scheme for Exporters

Traders

Traders

Women

Women

Students

Students

Senior Citizens

Senior Citizens

Professionals

Professionals

Army Personnel / Ex-Servicemen

Army Personnel / Ex-Servicemen

Senior Citizens Scheme

Senior Citizens Scheme


PPF Scheme

PPF Scheme

Locker Facilities

Locker Facilities

Government Deposit Schemes

Government Deposit Schemes

Depository Schemes

Depository Schemes

Online Tax Accounting System (OLTAS)

Online Tax Accounting System (OLTAS)

Electronic Fund Transfer

Electronic Fund Transfer

Electronic Clearing Service

Electronic Clearing Service

PNB-Insta Remit

PNB-Insta Remit

Conventional Services

Conventional Services

E-Services

E-Services

Sarthak Udhami

Sarthak Udhami

SSI Charter

SSI Charter

PNB Vikas Udhami

PNB Vikas Udhami

PNB Karigar Credit Card

PNB Karigar Credit Card


PNB Kushal Udhami

PNB Kushal Udhami

PNB Laghu Udhami Credit Card

PNB Laghu Udhami Credit Card

PNB Pragati Udhami

PNB Pragati Udhami

SSI Sector

SSI Sector

Traders Finance

Traders Finance

PNB Prudent Sweep

PNB Prudent Sweep

Total Freedom Salary Account

Total Freedom Salary Account

PNB Vidyarthi SF Account

PNB Vidyarthi SF Account

PNB Mitra SF Account

PNB Mitra SF Account

PNB Smart Roamer

PNB Smart Roamer

PNB Vaibhav

PNB Vaibhav

PNB Gaurav

PNB Gaurav

Spectrum Fixed Deposit Scheme

Spectrum Fixed Deposit Scheme

Anupam Account

Anupam Account

Multi Benefit Deposit Scheme


Multi Benefit Deposit Scheme

Special Fixed Deposit Scheme

Special Fixed Deposit Scheme

Recurring Deposit Scheme

Recurring Deposit Scheme

PNB Swecha Jama Yojna/Flexi RD

PNB Swecha Jama Yojna/Flexi RD

Vidya Lakshyapurt

Vidya Lakshyapurt

Sarvottam Shiksha

Sarvottam Shiksha

Housing Loan [PNB Flexible Housing Loan]

Housing Loan [PNB Flexible Housing Loan]

Car Finance

Car Finance

Personal Loan

Personal Loan

Professional Laon

Professional Laon

Education Loan Scheme

Education Loan Scheme

Loan against Mortgage of Property

Loan against Mortgage of Property

PNB Financial Basket Scheme

PNB Financial Basket Scheme

Personal Loan Scheme for Pensioners

Personal Loan Scheme for Pensioners

Privilege Card Scheme

Privilege Card Scheme

Other Credit Scheme


Other Credit Scheme

Savings Fund Account

Savings Fund Account

Current Account

Current Account

Fixed Deposit Schemes

Fixed Deposit Schemes

Credit Schemes

Credit Schemes

ATM / Debit Card

ATM / Debit Card

Nomination Facilities

Nomination Facilities

Krishi Card

Krishi Card

Agriculture Credit Schemes

Agriculture Credit Schemes

PNB Farmers Welfare Trust

PNB Farmers Welfare Trust

Scheme for House Wife & other women

Scheme for House Wife & other women

Mahila Udyam Nidhi Scheme

Mahila Udyam Nidhi Scheme

PNB Krishi.com

PNB Krishi.com

Farmers

Farmers
Women

Women

Customer Grievances

Customer Grievances

Suggestions

Suggestions

Email us

Email us

Domestic Deposit Interest

Domestic Deposit Interest

Credit Schemes Interest Rates

Credit Schemes Interest Rates

Interest Rates

Interest Rates

Forms

Forms

Internet Banking

Internet Banking

Online Bill Payment

Online Bill Payment

PNB e-Tax

PNB e-Tax

Railway Ticket Booking

Railway Ticket Booking

Online Shopping

Online Shopping

Traders
Traders

Women

Women

Students

Students

Senior Citizens

Senior Citizens

Professionals

Professionals

Salaried Staff

Salaried Staff

Army Personnel / Ex-Servicemen

Army Personnel / Ex-Servicemen

Senior Citizens Scheme

Senior Citizens Scheme

PPF Scheme

PPF Scheme

Locker Facilities

Locker Facilities

Government Deposit Schemes

Government Deposit Schemes

Exchange Facilities for Residents

Exchange Facilities for Residents

Depository Schemes

Depository Schemes

Online Tax Accounting System (OLTAS)

Online Tax Accounting System (OLTAS)

Electronic Fund Transfer

Electronic Fund Transfer

Electronic Clearing Service


Electronic Clearing Service

PNB-Insta Remit

PNB-Insta Remit

Conventional Services

Conventional Services

E-Services

E-Services

NRE Account

NRE Account

FCNR Account

FCNR Account

RFC Account

RFC Account

NRO Account

NRO Account

PNB eMony India

PNB eMony India

Western Union Money

Western Union Money

Transfer Service

Transfer Service

Money Transfer Service using Buy IndiaOnline.com

Money Transfer Service using Buy IndiaOnline.com

NRI Accounts

NRI Accounts

Interest Rates

Interest Rates
Foreign Offices

Foreign Offices

Investment Facililities for NRI

Investment Facililities for NRI

Money Transfer

Money Transfer
Tuesday, 30 Ma

ABOUT US FINANCIALS PERSONAL BANKING SOCIAL BANKING BANKING ANYWHERE CORPORATE BANKING BUSINESS SE

Heritage

Profile

Vision & Mission Board of Directors


Awards

Organisational Structure
Chairman & Managing Director
Our Commitment

Sh.K.R.Kamath

Executive Director

Sh. M.V.Tanksale

PNB Mutual Fund

Senior Citizens Executive Director


Online Payment

NRI

Foreign Offices Sh. Nagesh Pydah

Services
Directors
Special Schemes

Utilites

Contact Us

You might also like