Punjab National Bank

Punjab National Bank
Company typePublic
BSE532461
NSEPNB
IndustryBanking, Financial services
Founded19 May 1894 (1894-05-19)[1][2]
Founder
HeadquartersDwarka, Delhi, India
Number of locations
10,108 Domestic Branches[3] 12,455 ATMs
Key people
Products
RevenueIncrease 1.22 lakh crore (US$15 billion) (2024)
Increase 25,051 crore (US$3.0 billion) (2024)
Increase 8,329 crore (US$1.0 billion) (2024)
Total assetsIncrease 15.99 lakh crore (US$190 billion) (2024)
Total equityIncrease 1.08 lakh crore (US$13 billion) (2024)
OwnerGovernment of India
Number of employees
102,349 (2024)
SubsidiariesPNB MetLife India Insurance Company
PNB Housing Finance Limited
Capital ratio14.14% (2020)
Websitewww.pnbindia.in

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 (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul. It has representative offices in Almaty (Kazakhstan), Dubai (United Arab Emirates), Shanghai (China), Oslo (Norway), and Sydney (Australia). In Bhutan, it owns 51% of Druk PNB Bank, which has five branches. In Nepal, PNB owns 20% of Everest Bank, which has 122 branches. PNB also owns 41.64% of JSC (SB) PNB Bank in Kazakhstan, which has four branches. Punjab National Bank is rated CARE AA+ (Stable) by CareEdge Ratings.[7]

  1. ^ Cite error: The named reference Origin was invoked but never defined (see the help page).
  2. ^ "History of PNB". NDTV.com. Retrieved 18 February 2014.
  3. ^ a b Cite error: The named reference Branches was invoked but never defined (see the help page).
  4. ^ "board of directors".
  5. ^ "Domestic Branches and ATMs". 25 January 2024.
  6. ^ Cite error: The named reference Merger was invoked but never defined (see the help page).
  7. ^ Kumar, Shivendra (30 March 2024). "CARE Ratings upgrades PNB Housing Finance's various instruments". The Economic Times of India. Retrieved 17 June 2024.

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