pnb company analysis
PUNJAB NATIONAL BANK
COMPANY PROFILE
With more than 119 years of strong existence and over 6000 branches including 5 overseas branches, 6460 ATMs, 5047 Business Correspondents and 2165 Ultra Small Branches, Punjab National Bank is serving more than 82 million esteemed customers. PNB, being one of the largest nationalized banks, has continued to provide prudent and trustworthy banking services to its customers. The Bank enjoys strong fundamentals, large franchise value and good brand image. To meet the growing aspirations of the people and compete in these tough conditions, the Bank offers wide range of products and services. Awards and Recognitions:
Owing to its performance during the year 2012-13, Bank earned many laurels and accolades in recognition to its service towards doing good to society and on its overall performance. Recently, PNB was awarded with “IDRBT Banking Technology Excellence Award under customer Management and Intelligence Initiatives’. Bank also bagged “Golden Peacock Business Excellence Award” 2013 by Institute of Directors. Bank has been recognized as ‘Best Public Sector Bank' by CNBC TV 18. The Bank has also been recognized as “Most Socially Responsive Bank” consecutively for second year by Business World and PwC. Further, The Sunday FINWIZ 2012 declared Bank the “Best Banker in Agriculture Credit (Large)”.The Bank was also conferred with National Award for Excellent Performance in Lending under PMEGP Scheme of KVIC in North Zone by Ministry for MSME, GOI. Apart from this, Bank was also bestowed with the IBA Banking Technology Awards 2012 under the categories of “Best Use of Business Intelligence” and “Best Risk Management and Security Initiatives”.
Globally, 'The Banker' Magazine, London has ranked PNB at 170th position amongst World's Top 1000 Banks in 2013, up from 175th position in 2012. Forbes Magazine has placed PNB at 668th place amongst 2000 global giants. The Bank has also been ranked at 26 amongst FE 500 India's Finest
COMPANY PROFILE
With more than 119 years of strong existence and over 6000 branches including 5 overseas branches, 6460 ATMs, 5047 Business Correspondents and 2165 Ultra Small Branches, Punjab National Bank is serving more than 82 million esteemed customers. PNB, being one of the largest nationalized banks, has continued to provide prudent and trustworthy banking services to its customers. The Bank enjoys strong fundamentals, large franchise value and good brand image. To meet the growing aspirations of the people and compete in these tough conditions, the Bank offers wide range of products and services. Awards and Recognitions:
Owing to its performance during the year 2012-13, Bank earned many laurels and accolades in recognition to its service towards doing good to society and on its overall performance. Recently, PNB was awarded with “IDRBT Banking Technology Excellence Award under customer Management and Intelligence Initiatives’. Bank also bagged “Golden Peacock Business Excellence Award” 2013 by Institute of Directors. Bank has been recognized as ‘Best Public Sector Bank' by CNBC TV 18. The Bank has also been recognized as “Most Socially Responsive Bank” consecutively for second year by Business World and PwC. Further, The Sunday FINWIZ 2012 declared Bank the “Best Banker in Agriculture Credit (Large)”.The Bank was also conferred with National Award for Excellent Performance in Lending under PMEGP Scheme of KVIC in North Zone by Ministry for MSME, GOI. Apart from this, Bank was also bestowed with the IBA Banking Technology Awards 2012 under the categories of “Best Use of Business Intelligence” and “Best Risk Management and Security Initiatives”.
Globally, 'The Banker' Magazine, London has ranked PNB at 170th position amongst World's Top 1000 Banks in 2013, up from 175th position in 2012. Forbes Magazine has placed PNB at 668th place amongst 2000 global giants. The Bank has also been ranked at 26 amongst FE 500 India's Finest