Punjab National Bank

Date of Establishment 1895 Revenue6052.14 ( USD in Millions ) Market Cap 343915.43703135 ( Rs. in Millions ) Corporate Address7 Bhikaiji Cama Place, , New Delhi-110066, New Delhi www.pnbindia.comManagement Details Chairperson - K R Kamath MD - K R Kamath Directors - Ashwani Chadha, D K Singla, Devinder Kumar Singla, G P Khandelwal, G R Sundaravadivel, Gautam P Khandelwal, Jasbir Singh, K C Chakrabarty, K R Kamath, Kvbn Rao, L M Fonseca, M A Antulay, M V Tanksale, Mohan Lal Bagga, Mohinder Paul Singh, Mushtaq A Antulay, Nagesh Pydah, Pradeep Kumar, R K Kochar, Rakesh Sethi, Ravneet Kaur, S R Khurana, S Ranganathan, T N Chaturvedi, T N Chatuvedi, Tribhuwan Nath Chaturvedi, V K Mishra, Vinod Kumar Mishra Business Operation Bank Public sector Background Established in 1895 in Lahore, Punjab National Bank is one of the oldest banks in India having a virtual presence in every important center of the country. The bank has over 35 million customers through 4540 offices including 421 extension counters, out of which 2/3 of its branches in rural and semi rural areas-the largest among nationalized banks, which makes it enjoy one of the highest penetration rate o Financials Total Income - Rs. 305990.603 Million ( year ending Mar 2011) Net Profit - Rs. 44334.953 Million ( year ending Mar 2011) Company Secretary R K Kochar BankersAuditors V Sankar Aiyar & Co, NC Rajagopal & Co, Gupta & Gupta, P Jain & Co, Kalani & Co, Anjaneyulu & Co

Financial Highlights

Fiscal Year End: Revenue (2010): Revenue Growth (1 yr): Employees (2010):

December 5649.30 M 29.90% 56,928

Employee Growth (1 yr):

Industry Information

(-2.20%)

Sector: Financial Industry: Foreign Regional Banks

Top Competitors

Canara Bank ICICI Bank Limited (ibn) State Bank of India

The Punjab National Bank or PNB is one of the well known commercial and banking institutions in India. It is the second largest government owned and regulated commercial bank in the country and offers specialized solutions and financial services in a number of sectors. Around 37 million customers are served by the bank on an average basis. The customized facilities and services make it a trusted name in the domain of banking.

Growth of Punjab National Bank

Punjab National Bank was registered under the Indian Companies Act on 19 May in the year 1894 and its first office was set up at Anarkali Bazaar in Lahore. Since then, the bank has become a great name in the field of banking and is very much preferred by the customers for the wide range of its services. Today, the bank has around 4,904 branches in around 764 cities. Due to its facilities and services of high standards, Punjab National Bank has also been the recipient of a number of prestigious awards. It has been adjusted as the 248th biggest bank across the globe according to a recent survey made by Bankers Almanac in London. The Economic Times has also listed the bank as 38th among the premier 500 companies and the 9th among the most trusted brands in India. The total asset value of the bank amounts to around US$60 billion. There is also a subsidiary of the PNB in the United Kingdom. In addition the bank also has branches in some other cities like:

Kabul Honk Kong Oslo Shanghai Dubai Almaty

Services of Punjab National Bank

Punjab National Bank offers financial solutions and services in an array of sectors. All these services that are offered keep pace with the changing market trends in order to fulfill the needs and preferences of the customers. Some of the well known sectors on which the main functions of the bank are based are:

Personal Banking Corporate Banking Agriculture finance services Industrial finance services Trade financial services International banking services

PNB also has commercial relationship with more than 200 prestigious international banks across the globe. It has the provisions of Rupee Drawing Arrangements with around 15 exchange companies in the UAE and 1 in Singapore. In case of the personal banking segment, the bank offers customized solutions to take care of almost all financial needs of the customers. Some of the well known services that are offered in the bank are:

Savings Fund Account Fixed Deposit scheme Current account Loan services

Punjab National Bank is also a well known name in housing loan benefits. The bank offers both short term and long term loans. The rates are also affordable and can be paid within a particular time. The housing loans are given for a number of purposes such as:

Construction of a building Purchase of a new house or a flat Purchase of flat or house on a First Power of Attorney basis For the purpose of repair or renovation of a house or a building

The PNB Housing Finance sanctions around 80% of the cost of the project. However, the maximum amount is around Rs 50 lakh. The maximum loan amount for the purpose of renovation and repair is Rs 5 lakh. In most cases, the loan is available for a period between 5 and 20 years before one becomes 65 years of age. The interest of the loan is based on the reducing balance and the principal amount of the loan is also based on the repaying capability of the borrower.

Mutual funds of Punjab National Bank

The mutual funds of Punjab National Bank are covered under the Principal PNB Asset Management Company. Some of the well known schemes of mutual funds are:

Principal Growth Scheme Principal balanced Fund Principal Income Fund Principal government Securities Fund Principal Income Fund Short Term Debt Principal Cash management Fund Principal Index Fund

Bank Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB) Punjab National

Branch Address Contact Code G.B.MARG, LUCKNOW, UP GB MARG, City: LUCKNOW 029300 0522-2683016,2684045 LUCKNOW District: LUCKNOW State: UTTAR PRADESH HALWASIA BUILDING, HAZRATGANJ, LUCKNOW, UP HAZRATGANJ, 05222622717,2621830 029400 226001 LUCKNOW B.S.PANDEY City: LUCKNOW District: LUCKNOW State: UTTAR PRADESH SARDAR BAZAR, LUCKNOW, UP SARDAR 226002 0522-2480874, P K BAZAR, 029500 City: LUCKNOW SRIVASTAVA LUCKNOW District: LUCKNOW State: UTTAR PRADESH ALAMBAGH 030100 ALAMBAGH, 0522-2459236 BADRI LUCKNOW, UP- PRASAD Branch

Bank

Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB) Punjab National

Branch Address Contact Code 226005 City: LUCKNOW District: LUCKNOW State: UTTAR PRADESH CHOWK, LUCKNOW, UP 226003 CHOWK, 0522-2253185,2255012 030300 City: LUCKNOW LUCKNOW P.K.DHAWAN District: LUCKNOW State: UTTAR PRADESH DALIGANJ, LUCKNOW, UP 226008 DALIGANJ, 0522-2787826,2786555, 075600 City: LUCKNOW LUCKNOW MR. A.K PALIWAL District: LUCKNOW State: UTTAR PRADESH MAHANAGAR, 0522-2321245,2329285 LUCKNOW, UP - SHIBSHANKAR 226006 BANERJEE MAHANAGAR, 075800 City: LUCKNOW LUCKNOW District: LUCKNOW State: UTTAR PRADESH NISHATGANJ, LUCKNOW, UP 226006 NISHATGANJ, 0522-2781281,82,83 U K 076200 City: LUCKNOW LUCKNOW MURARKA District: LUCKNOW State: UTTAR PRADESH SADAT GUNJ, LUCKNOW, UP 226003 SADAT GUNJ, 0522-2649093 P K 076900 City: LUCKNOW LUCKNOW KHANNA District: LUCKNOW State: UTTAR PRADESH THAKUR 115300 THAKUR GANJ, 0522-2259877,MR. VIJAY GANJ, LUCKNOW, UP- KUMAR Branch

Bank

Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Punjab National Bank (PNB)

Branch Address Contact Code 226003 City: LUCKNOW LUCKNOW District: LUCKNOW State: UTTAR PRADESH CHAR BAGH, LUCKNOW, UP 226001 CHAR BAGH, 0522-2637684 B K 146800 City: LUCKNOW LUCKNOW GUPTA District: LUCKNOW State: UTTAR PRADESH SUBHASH SUBHASH MARG, MARG, LUCKNOW, UP LUCKNOW 226003 0522-2265122, 2260138 A 167100 City: LUCKNOW K PANDEY District: LUCKNOW State: UTTAR PRADESH INDIRA INDIRA NAGAR, NAGAR, LUCKNOW, UP LUCKNOW 226016 0522-2351881,2352275 185300 City: LUCKNOW K.K. GUPTA District: LUCKNOW State: UTTAR PRADESH ALIGANJ, DISTT. LUCKNOW, UP226021 ALIGANJ, 522-2326674-2334855 185400 City: LUCKNOW LUCKNOW SHASHIKANT MISHRA District: LUCKNOW State: UTTAR PRADESH VIKAS NAGAR, VIKAS NAGAR, 0522-2769768,2767222 LUCKNOW LUCKNOW, UP DEEPAK SHARMA City: LUCKNOW 185500 District: LUCKNOW State: UTTAR PRADESH Branch