Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its
operations on April 12, 1895 from Lahore, with an authorised 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/amalgamated with PNB.
Post amalgamation of eOBC & eUNI w.e.f 01.04.2020, PNB has expanded its
presence across India with a network of 10769 branches, 13781 ATMs & 12518
Business Correspondents as at the end of 31st March’2021. PNB is the second
largest Public Sector Bank (PSB) in the country with Global Business at
Rs.18,45,739 crore. The Bank continues to maintain its forte in low cost CASA
deposits with a share of 45.48%. Bank’s focus has been on qualitative business
growth, recovery and arresting fresh slippages.