PNB is a Public Sector Bank in India with 6,559 branches, 8,348 ATM's and 68,290 employees across the country.
PNB's registered office is located at 7, Bhikhaiji Cama Place, New Delhi-110607.
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 16,556 crs. and Standalone net profit of Rs. 3,062 crs. PNB reported total deposits of Rs. 501,379 crs and total advances of Rs. 380,534 crs.
PNB's management is led by its CEO Ms. Usha Ananthasubramanian.
Its current Base Rate is 9.60%, which was last revised on 01st Oct 15.
09th Dec 16 PNB organizes financial literacy cum Digital Banking camp
Punjab National Bank organised an awareness camp on Digital Banking. The camp was held at the branch of village Kotli Jabowal, Arnia on Indo-Pak border. The focus of the camp was to spread awareness about the benefits of opening a saving account and using digital banking applications.
07th Dec 16 PNB partners with Ola to deploy mobile ATMs
Punjab National Bank has announced partnership with Ola (Cab aggregators) to facilitate cash withdrawal to citizens via mobile ATM machines. The bank will deploy mobile ATM machines in Ola cabs that will initially target the area around Delhi and NCR.
01st Dec 16 Punjab National Bank reduces its MCLR up to 10 bps
Punjab National Bank has reduced its overnight and six months marginal cost of lending rates to 8.90 and 9.10 percent from 9 and 9.20 percent earlier. Minimum MCLR rates for one year and five year tenure are also reduced by 10 basis points to 9.15 and 9.45 percent from 9.25 and 9.50 percent respectively. New rates are effective from 1st December, 2016.
11th Nov 16 PNB to calibrate their 10,000 ATMs by the end of the month to disburse new notes
Punjab National Bank plans to adjust their 10,000 ATM machines to disburse new currency notes of Rs. 500 and Rs. 2,000 by the end of the month. The step is taken after Prime Minister announced the demonetization of Rs. 500 and Rs. 1,000 notes to remove black money from the economy.
07th Nov 16 PNB net profit falls by 11.5 percent in July to September quarter, bad loan rises
Punjab National Bank reported a decline in its net profit by 11.5 percent in July to September quarter due to rise in bad loans. The net profit fell to Rs. 549.36 crores as compared to Rs. 621.03 crores in same quarter of last year. Provision for bad loans increased by 34.6 percent to Rs. 2,534 crores from Rs. 1,882 crores in same period last year.
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