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Old June 1st, 2016, 04:07 PM
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Default punjab national bank insurance

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  #2  
Old January 20th, 2018, 10:29 AM
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Hi buddy here I have come to obtain info related to PNB (Punjab National Bank) MetLife Insurance Co. Ltd, so would you plz let me know whatever you know about this company ??
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Old January 20th, 2018, 10:29 AM
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Default Re: punjab national bank insurance

Punjab National Bank (PNB) is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India.

As you want I am telling PNB MetLife Insurance Co. Ltd (PNB MetLife) is an associate of Punjab National Bank, wherein MetLife International Holdings Inc and Punjab National Bank are the shareholders to the extent of 26% and 30% respectively. PNB MetLife brings together the financial strength of one of the world`s leading life insurance providers, MetLife, Inc., and the credibility and reliability of Punjab National Bank, one of India`s oldest and leading nationalized banks.

Bank profile:

Type Public

Traded as BSE: 532461

NSE: PNB

CNX Nifty Constituent

Industry Banking, Financial services

Founded 19 May 1894; 123 years ago

Founder Sardar Dyal Singh Majithia

Headquarters New Delhi

Key people Sunil Mehta (MD & CEO)

Products Credit cards, consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, wealth management

Revenue 47,424.35 crore (US$7.4 billion)(2016)

Operating income 12,216 crore (US$1.9 billion) (2016)

Net income -3,974.39 crore (US$−620 million) (2016)

Total assets 667,390.45 crore (US$100 billion) (2016)

Owner Government of India

Number of employees 70,801 (March 2016)

Capital ratio 11.28% (2016)
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