What is the full form of PNB? Punjab National Bank.


Punjab National Bank

Type Nationalised Bank
Industry Banking, Financial services
Founded 12 April 1894; 127 years ago
Founder Dyal Singh Majithia
Lala Lajpat Rai
Headquarters Dwarka, Delhi, India
Number of locations
Key people
CH S. S. Mallikarjuna Rao
(MD & CEO)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Owner Government of India 
Number of employees
1,03,000 (2020)
Parent Ministry of Finance , Government of India
Website www.pnbindia.in

PNB Full Form

What is the full form of PNB?

The full form of PNB is Punjab National Bank.

Punjab National Bank is a leading and oldest bank in India. Punjab National Bank (PNB Full Form) was registered on 19th May, 1894 under the Indian Companies Act with its office at Anarkali Bazar Lahore

 Punjab National Bank is the second largest public sector commercial bank in India and has about 4,500 branches in 764 cities of India. It has around 37 lakh customers. In fiscal year 2007, the bank’s total assets were US$60 billion.

full form of PNB
full form of PNB

 Punjab National Bank has a banking subsidiary in the UK, as well as branches in Hong Kong and Kabul, and representative offices in Almaty, Shanghai and Dubai. [source]

History [PNB Full Form]

Established in 1894 in Lahore city of India when India was not partitioned, Punjab National Bank has the distinction of being the first Indian bank which was started entirely with Indian capital. 

Punjab National Bank was nationalized in July 1969 along with 13 other banks. Growing from its humble beginnings, Punjab National Bank has today grown tremendously in its size and importance to become a first-line banking institution in India.

A bank run by professionals with a success record of more than 126 years.

Maximum number of branches in India There are more than 10000 offices spread across the country with 431 extension counters.

The major business area is spread over the galactic region and metropolitan areas.

The bank has been ranked 248 in the list of the largest banks in the world by Bankers Almanac, London.

Strong banking relationships with more than 217 international banks in the world.

More than 50 reputed international banks have Rupee accounts with PNB. [source]

In this article of PNB Full Form, we have shared information with you about PNB Full Form.

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