Important Points to know about Punjab National Bank (PNB)

    Important Points to know about Punjab National Bank (PNB)
    Important Points to know about Punjab National Bank (PNB):
    Important points that we have to know about the Punjab National Bank (PNB) were given here, which will be more helpful for the candidates those who are preparing for the upcoming exams.

    PUNJAB NATIONAL BANK

    1). Punjab National Bank (PNB) is an Indian financial services company founded on19thMay 1895

    2).Headquarters –New Delhi

    3).It is the3rd largest bank in India

    4).In theBankers’ Almanac PNB has been ranked248thbiggest bank in the world

    5).It has over6,300 branches and7900 ATMs across764 cities

    6).It serves over80 million customers

    7).PNB was registered on 19th May 1984 under theIndian Companies Act with its office in Anarkali Bazaar,Lahore

    9).PNB’s founders included several leaders of theSwadeshi Movement, who are as follows
    a)   Lala Lajput Rai
    b)   Dyal Sing Majithia
    c)   Lala Harikishan Lal
    d)   Lala Lalchand
    e)   Shri Kali Prosanna Roy
    f)    Shri E. C. Jessawala
    g)   Shri Prabhu Dayal
    h)   Bakshi Jaishi Ram
    i)    Lala Dholan Dass

    10). Lala Lajput Rai was actively associated with the management of PNB

    11).The board 1st met on 23rd May 1894

    12).The bank opened on 12th April 1895 in Lahore

    13).PNB had the privilege of maintaining accounts of national leaders like
    a)   Mahatma Gandhi
    b)   Jawahar Lal Nehru
    c)   Lal Bahadur Shastri
    d)   Indira Gandhi

    14). Gauri Shankar – Executive Director with additional charge of MD& CEO

    15).The financial services provided by PNB are as follows
    a)   Credit cards
    b)   Consumer banking
    c)   Corporate banking
    d)   Finance and insurance
    e)   Investment banking
    f)    Mortage loans
    g)   Private banking
    h)   Private equity
    i)    Wealth management

    16).Awards and Accolades of PNB are as follows
    a)   2000 – PNB was ranked 717 in theForbes Global 2000
    b)   2011 – PNB was ranked 26thin theFortune India 500
    c)   2011 – PNB receivedGolden Peacock Award andNational Training Award
    d)   2012 – Best Public Sector Bank byCNBC TV18

    17).Shareholders of PNB
    a)   Government of India –58.87%
    b)   Foreign Institutional Investors –17.51%
    c)   Insurance Companies –15.46%
    d)   Individual shareholders –4.05%
    e)   Other Banks/Financial institutions –3.02%

    18).PNB owns 51% ofDruk PNB Bank in Bhutan

    19).PNB owns 20% of Nepal’sEverest Bank

    20).PNB owns 84% of Kazakhstan’sJSC Bank

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