Punjab National Bank

Punjab National Bank
	Headquarters in Dwarka, Delhi
Company type	Public
Traded as	BSE: 532461; NSE: PNB
Industry	Banking, Financial services
Founded	19 May 1894; 130 years ago
Founder	Dyal Singh Majithia; Lala Lajpat Rai;
Headquarters	Dwarka, Delhi, India
Number of locations	10,108 Domestic Branches 12,455 ATMs
Key people	K G Ananthakrishnan; (Non-Exe Chairman); Atul Kumar Goel ; (MD & CEO);
Products	Retail banking; Corporate banking; Investment banking; Mortgage loans; Private banking; Wealth management; Asset management; Investment management; Risk management; Mutual funds; Exchange-traded funds; Index funds; Credit cards; Insurance;
Revenue	₹1.22 lakh crore (US$15 billion) (2024)
Operating income	₹25,051 crore (US$3.0 billion) (2024)
Net income	₹8,329 crore (US$1.0 billion) (2024)
Total assets	₹15.99 lakh crore (US$190 billion) (2024)
Total equity	₹1.08 lakh crore (US$13 billion) (2024)
Owner	Government of India
Number of employees	102,349 (2024)
Subsidiaries	PNB MetLife India Insurance Company; PNB Housing Finance Limited; PNB Cards and Services Limited
Capital ratio	14.14% (2020)
Website	www.pnbindia.in

Punjab National Bank (abbreviated as PNB) is an Indian government public sector bank based in New Delhi.^[5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs.^[6]^[3]

PNB has a banking subsidiary in the UK (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul. It has representative offices in Almaty (Kazakhstan), Dubai (United Arab Emirates), Shanghai (China), Oslo (Norway), and Sydney (Australia). In Bhutan, it owns 51% of Druk PNB Bank, which has five branches. In Nepal, PNB owns 20% of Everest Bank, which has 122 branches. PNB also owns 41.64% of JSC (SB) PNB Bank in Kazakhstan, which has four branches. Punjab National Bank is rated CARE AA+ (Stable) by CareEdge Ratings.^[7]

^ Cite error: The named reference Origin was invoked but never defined (see the help page).
^ "History of PNB". NDTV.com. Retrieved 18 February 2014.
^ ^a ^b Cite error: The named reference Branches was invoked but never defined (see the help page).
^ "board of directors".
^ "Domestic Branches and ATMs". 25 January 2024.
^ Cite error: The named reference Merger was invoked but never defined (see the help page).
^ Kumar, Shivendra (30 March 2024). "CARE Ratings upgrades PNB Housing Finance's various instruments". The Economic Times of India. Retrieved 17 June 2024.