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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 .
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.
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]
Saurashtra Gramin Bank [59] 1978: Rajkot, Gujarat: 259: State Bank of India [60] Haryana: Sarva Haryana Gramin Bank [61] 2013: Rohtak, Haryana: 542: Punjab National Bank: Himachal Pradesh: Himachal Pradesh Gramin Bank: 2013: Mandi, Himachal Pradesh: 265: Punjab National Bank [62] Jammu And Kashmir: Ellaquai Dehati Bank: 1979: Srinagar, Jammu ...
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 ...
United Bank of India ( UBI) was an Indian nationalized bank which provided financial and banking services. Established in 1950 and headquartered in Kolkata, the bank was nationalised by the government of India in 1969 becoming one of public sector banks in the country. The bank has been amalgamated with Punjab National Bank, along with Oriental ...
In 1974 Reserve Bank of India constituted a study group headed by Shri Prakash Tandon (then Chairman of Punjab National Bank), with a view to study the entire gamut of Bank's finance for working capital and suggest ways for optimum utilization of Bank credit. This was the first elaborate attempt by the central bank to organise the Bank credit.
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.