[suman]

Discuss about vision and mission of pnb here. Welcome to Courses.ind.in and this page is for vision and mission of pnb discussion. If you are looking for information on vision and mission of pnb then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on vision and mission of pnb, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again.

Hi I would like to have brief about Punjab National Bank, India's first Swadeshi Bank as well as its mission and vision and also the business performance?

[Vishal Kotkar]

Punjab National Bank, India's first Swadeshi Bank, initiated its operations on April 12, 1895 from Lahore, with an approved capital of Rs 2 lac and working capital of Rs 20,000. The far-located visionaries and loyalists like Lala Lajpat Rai, Mr. E C Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia showed strength in offering expression to the soul of patriotism by setting up the principal bank absolutely overseen by the Indians with Indian Capital.

Mission

"Making Value for all its customers,Investors and Employees for being the primary decision for all partners"

Vision

"To position PNB as the `Most Preferred Bank` for clients, the `Best Place to Work In` for representatives and a `Benchmark of Excellence` for the business"

Business Performance:

Amid the long history of more than 122 years of the Bank, 7 banks have converged with PNB and it has turned out to be more grounded and more grounded with a system of 6888 Domestic branches and 9997 ATMs as on 31st December 2016. The Bank in Q3 FY'17 crossed numerous developments listed underneath:

• Global Business Rs. 10,00,000 Crore
• Global Deposits Rs. 6,00,000 Crore
• Domestic Deposits Rs. 5,50,000 Crore
• CASA Deposits Rs.2,60,000 Crore
• Savings Deposits Rs. 2,20,000 Crore
• Domestic CASA Ratio 47 %

The Bank has recorded time and again higher CASA share to Domestic Deposits which stood at 47% as on 31st Dec’16 with a growth of 32.8% on YoY basis. The Saving Deposits of the Bank at Rs 2, 21,997 crore as on 31st Dec’16 grew by 37.5% on year on year basis.