| May 11th, 2017 08:36 AM | |
| Vishal Kotkar | Re: role of punjab national bank PNB (Punjab National Bank) is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India. Founded in 1894, the bank has over 6,968 branches and over 9,935 ATMs across 764 cities. It serves over 80 million customers. It 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 5 Branches. PNB owns 20% of Everest Bank Limited, which has 50 branches in Nepal. Lastly, PNB owns 84% of JSC (SB) PNB Bank in Kazakhstan, which has four branches. The Bank has identified seven broad areas to be recognized as PNB Internal Indradhanush and is aligning its strategies accordingly. The strategies are as under: • Achieving People Development • Broadening CASA base and enhancing the CASA Share • Calibrating & Improving Credit-Deposit (CD) ratio • Devising strategies to resolve Asset Quality Challenges & improve recovery • Ensuring Qualitative Customer Service • Forward looking Digital banking Practices • Growing Income and Controlling Expenditure Awards and Recognitions Punjab National Bank was ranked #717 in the Forbes Global 2000 in May 2013. Punjab National Bank was ranked #26 in the Fortune India 500 ranking of 2011. PNB was awarded the 'Best Public Sector Bank' by CNBC TV18 in 2012. The bank was recognised as the 'most socially responsive bank' by Businessworld and PwC in 2012. In 2011, it received Golden Peacock Award for "Excellence in Corporate Social Responsibility" and "National Training Award". Business Performance: During the long history of over 122 years of the Bank, 7 banks have merged with PNB and it has become stronger and stronger with a network of 6888 Domestic branches and 9997 ATMs as on 31st December 2016. The Bank in Q3 FY’17 crossed many milestones enumerated below: • 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 % |
| May 11th, 2017 08:35 AM | |
| Unregistered | Re: role of punjab national bank Can you provide me some details about PNB (Punjab National Bank)? Also provide me Awards and Recognitions of PNB (Punjab National Bank)? |
| July 5th, 2016 03:49 PM | |
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