Punjab National Bank
122.30
INR
+0.05
(+0.04%)
ISIN
INE160A01022
Return %
Stock
S&P 500
1Y
3.91
14.20
3Y
69.23
81.12
5Y
178.27
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Ashok Chandra
- Full Time Employees
- 103,184
- Sector
- Finance
- Industry
- Major banks
- Address
- Plot No. 4 New Delhi DE India 110075
- IPO Date
- Mar 7, 2005
- Website
- pnb.bank.in
- Similar Companies
- Business
- Punjab National Bank engages primarily in commercial banking and financial services, operating as one of India’s largest public sector banks. Its core products and services encompass retail banking including savings and current deposit accounts; various loan offerings such as home loans, personal loans, vehicle loans, and loan against property; corporate banking services including term loans, working capital finance, bill discounting, and syndication loans; international banking services comprising foreign exchange, trade finance, and remittances; and investment services including mutual funds and insurance through joint ventures. The bank also offers a range of digital and electronic banking products such as internet banking, mobile banking, Unified Payments Interface (UPI) services, prepaid cards, and electronic fund transfer systems. Additionally, Punjab National Bank provides specialized products targeting non-resident Indians (NRIs), exporters, and importers, alongside wealth management and government scheme-related financial products. Founded in 1895 and headquartered in New Delhi, India, Punjab National Bank operates extensively across India with a substantial presence through a vast network of branches and ATMs, as well as digital platforms. It serves diverse customer segments ranging from individual consumers and small businesses to large corporates. The bank is recognized for strategic alliances and expansions, including partnerships for renewable energy financing and initiatives to promote digital payments and financial inclusion. In 2024 and 2025, PNB strengthened its capital base, improved asset quality, and expanded its digital service offerings significantly. Notable recent developments include a partnership with the Indian Renewable Energy Development Agency to co-finance green energy projects, advancement in digital banking initiatives such as the PNB ONE platform for virtual credit cards and prequalified credit card issuance, and a robust financial performance with a 14% year-on-year net profit increase in the second quarter of fiscal 2026. The bank also continues to enhance its international operations and cross-border remittances, expanding linkages such as the UPI-PayNow international payments interface. It maintains a strong focus on retail and corporate segment credit growth, supported by a diverse product portfolio with a drive towards sustainable and technology-enabled banking solutions. Punjab National Bank remains a government-owned entity and continues to evolve through acquisitions and partnerships, including its historical acquisition of Oriental Bank of Commerce and joint ventures in insurance and asset management. The bank’s operational strategy emphasizes digital transformation, customer convenience, and sustainable finance aligned with evolving regulatory standards and market demands. Its latest initiatives display its commitment to becoming a more technology-driven and customer-centric bank, reinforcing its role as a pivotal institution in India’s banking sector.