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The Punjab Banking Company (1889) was a bank founded in the year 1889 in British India. The bank became defunct in the year 1916, when it was acquired by the Alliance Bank of Simla . [ 1 ]
Punjab National Bank (abbreviated as PNB) is an Indian government bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs .
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 ...
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.
PNB Housing Finance Limited (PNB Housing) is an Indian housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in ...
As of December 31, 2014, the bank's paid-up capital amounted to Nu 449.712 million, with ownership distributed among Punjab National Bank (51%), Bhutanese promoters (19%), and the general public (30%).
A Peter Rehra as commonly seen on village Roads in Punjab. Notice the buffalo in its hold. A peter rehra, (ਪੀਟਰ ਰੇਹੜਾ) [1] is a type of locally-made jugaad vehicle used in rural Punjab and other Northern Indian states. It is, of course, not meant for high-performance, but for sheer economy, as it is easily able to carry twenty ...
Lala Harkishen Lal (1864/66 – 13 February 1937) was an Indian industrialist, entrepreneur and politician. He was a co-founder of Punjab National Bank, and founder of factories and banks Punjab Cotton Press Company Ltd., the People's Bank of India Ltd., Amritsar Bank Ltd.; the Kanpur Flour Mills Ltd. in pre-independent India.