PUNJAB NATIONAL BANK Share Price

NSE

Company Profile


Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations in 1895 from Lahore, with an authorized capital of Rs 2 lac and working capital of Rs 20,000. The bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian capital. During the long history of the bank, 9 banks have been merged with PNB. Post amalgamation of eOBC & eUNI, it has expanded its presence across India with a network of 10925 branches, 13914 ATMs & 12346 business correspondents as of the end of 2020. It is the second-largest Public Sector Bank (PSB) in the country with global business at Rs.18,09,587 crore. The bank continues to maintain its forte in low-cost CASA deposits with a share of 44.66%.

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