by Yogi P - October 5, 2023

Full form of PNB

PNB stands for Punjab National Bank. It is one of India’s largest public sector banks, with over 10,900 branches and 13,000 ATMs across the country. PNB was founded in 1895 and is headquartered in New Delhi.

International presence

PNB has a significant international presence, with branches in the United Kingdom, Hong Kong, Dubai, Kabul, Kazakhstan, the United Arab Emirates, China, Norway, Australia, Bhutan, and Nepal.

Products and services

PNB offers a wide range of banking and financial products and services to individuals, businesses, and the government. These include:

• Personal banking: Savings and current accounts, credit cards, loans, and other financial products for individuals.
• Corporate banking: A wide range of banking and financial services for businesses of all sizes, including working capital loans, term loans, trade finance, and foreign exchange.
• Wealth management: A range of wealth management and investment products and services for individuals and families.

A brief history of PNB

PNB was founded in 1895 by Lala Lajpat Rai and other leaders of the Swadeshi movement.
PNB was the first Indian bank to open branches in London and Hong Kong.
PNB was nationalized by the Government of India in 1969.
PNB merged with United Bank of India and Oriental Bank of Commerce in 2020.

Conclusion

PNB is a leading public sector bank in India with a strong track record of performance. It is committed to providing its customers with the best possible service and helping them to achieve their financial goals.