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Punjab National Bank is a Public sector undertakings in India (PSU) working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar , in pre-independent India (present-day Pakistan ).
Currently there are 12 Nationalised Banks in India (Government Shareholding power is denoted in %, as of 30 September 2024): State Bank of India (57.51%) Bank of Baroda (63.97%) Union Bank of India (74.76%) Punjab National Bank (70.08%) Canara Bank (62.93%) Punjab & Sind Bank (98.25%) Indian Bank (73.84%) Bank of Maharashtra (86.46%) Bank of ...
Currently there are 12 Nationalised Banks in India (Government Shareholding power is denoted in %, as of 30 September 2024): State Bank of India (57.51%) Bank of Baroda (63.97%) Union Bank of India (74.76%) Punjab National Bank (70.08%) Canara Bank (62.93%) Punjab & Sind Bank (98.25%) Indian Bank (73.84%) Bank of Maharashtra (86.46%) Bank of ...
Bank Employees Federation of India (BEFI) is a bank trade union consisting of employees of commercial banks, Reserve Bank of India, NABARD, regional rural banks and co-operative banks. The federation espouses the causes concerning service conditions of bank employees, development of the banking industry, defense of public sector banking in ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The Bank of Punjab was founded in October 1989, pursuant to the Bank of Punjab Act 1989, by the provincial government of Punjab under the leadership of then-Chief Minister Nawaz Sharif. [2] The initiative was part of the provincial government's efforts to utilize its financial resources to support local policy objectives during the resurgence ...
Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. [3] As of 31 March 2024, the bank has 1570 branches, which are widely spread across India. The largest number of branches are in the state of Punjab - 635 branches. The bank has 25 zonal offices, which are located all over India. [4]
The Punjab Banking Company (1889) was a bank founded in the year 1889 in British India. ... This page was last edited on 11 February 2024, at 02:06 (UTC).