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punjab national bank nationalised in which year |
#3
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Re: punjab national bank nationalised in which year
19 July 1969 Date of Punjab National Bank Nationalised The Government of India (GOI) nationalized PNB and 13 other major commercial banks, on 19 July 1969 The PNB bank is Nationalisation of the fourteen major banks on 19th July, 1969 was a major step for the banking industry. PNB was one amongst these. As a result, banking was given a new direction and thrust. The banks were expected to reach people in every nook and corner, meet their needs, and work for their economic enlistment. PNB has always responded enthusiastically to the nation's needs. It has been earnestly engaged in the task of national development. In the process, the bank has emerged as a major nationalised bank. The PBN bank was founded in 1894, The bank has over 6,968 branches and over 9,935 ATMs across 764 cities. It serves over 80 million customers. Punjab National Bank Nationalised history: PNB bank nationalised history: 1963 : The Government of Burma nationalized PNB's branch in Rangoon (Yangon). 1969 : The Government of India nationalized PNB and 13 other major banks on 19th July, 1969. 1993 : PNB acquired New Bank of India, which the Government of India had nationalised in 1980. Founders Of PNB: Sardar Dayal Singh Majithia Lala HarKishen Lal E.C. Jessawala Rai Bahadur Lala Lalchand Kali Prosanna Roy Lala Prabhu Dayal Bakshi Jaishi Ram Lala Dholan Dass |
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