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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 .
Punjab National Bank (PNB) alleges associates of three firms - Diamond R US, M/s Solar Exports and M/s Stellar Diamonds- approached PNB on 16 January 2018, with a request for LoUs to make payment to its overseas suppliers. The bank demanded at least a 100 percent cash margin for issuing LoUs, but the firms contested that they had received LoUs ...
Punjab National Bank Scam This page was last edited on 25 February 2021, at 09:10 (UTC). Text is available under the Creative Commons ...
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%).
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.
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 ...
Goel started his career in 1992 as a Chartered Accountant in Allahabad Bank. In 2016, he joined Union bank as an executive director after which in 2018 he was appointed as the MD of UCO Bank. In 2021, he joined Punjab National Bank as the Managing Director and Chief Executive Officer. He is also the Chairman of the Indian Bank's Association (IBA).
Of the overall loan book of ₹8,300 crores, PMC bank loans to HDIL stood at ₹6,226 crore, about 73% of total loans of the bank. [7] To solve this, HC appointed the three-member committee to oversee the sale of assets of Housing Development Infrastructure (HDIL) to pay the depositors of Punjab and Maharashtra Co-operative Bank (PMC Bank).