History

Punjab National Bank (PNB Hindi: ) (BSE: 532461, NSE: PNB), was founded in 1894 and today is the second largest state-owned commercial bank in India with about 5000 branches across 764 cities. It serves over 37 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers Almanac, London. The bank's total assets for financial year 2007 were about US$60 billion. PNB has a banking subsidiary in the UK, as well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai. Punjab National Bank is one of the Big Four banks of India, along with ICICI Bank, State Bank of India and HDFC Bankits main competitors.[2]

History
Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act with its office in Anarkali Bazaar Lahore. The founding board was drawn from different parts of India professing different faiths and a varied back-ground with, however, the common objective of providing country with a truly national bank which would further the economic interest of the country. PNB's founders included several leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala HarKishen Lal,[3] Lala Lalchand, Shri Kali Prosanna Roy, Shri E.C. Jessawala, Shri Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan Dass. Lala Lajpat Rai was actively associated with the management of the Bank in its early years. The board first met on 23 May 1894. Today, ironically the PNB Website is distorting history by claiming Lala Lajpat Rai to be the founding father, surpassing Rai Mul Raj and Dyal Singh Majithia. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present. (The first entirely Indian bank, the Oudh Commercial Bank, was established in 1881 in Faizabad, but failed in 1958.) PNB has had the privilege of maintaining accounts of national leaders such as Mahatma Gandhi, Shri Jawahar Lal Nehru, Shri Lal Bahadur Shastri, Shrimati Indira Gandhi, as well as the account of the famous Jalianwala Bagh Committee.

Timeline

1895: PNB commenced its operations in Lahore. 1904: PNB established branches in Karachi and Peshawar. 1940: PNB absorbed Bhagwan Dass Bank, a scheduled bank located in Delhi Circle.

1947: At the Partition of India and the commencement of Pakistani independence, PNB lost its premises in Lahore, but continued to operate in Pakistan. PNB had already shifted its registered office from Lahore to Delhi in June 1947 even before the announcement of the Partition. 1951: PNB acquired the 39 branches of Bharat Bank (est. 1942); Bharat Bank became Bharat Nidhi Ltd. 1961: PNB acquired Universal Bank of India. 1963: The Government of Burma nationalized PNB's branch in Rangoon (Yangon). September 1965: After the Indo-Pak war the government of Pakistan seized all the offices in Pakistan of Indian banks. PNB also had one or more branches in East Pakistan (Bangladesh). 1960s: PNB amalgamated Indo Commercial Bank (est. 1933) in a rescue. 1969: The Government of India (GOI) nationalized PNB and 13 other major commercial banks, on 19 July 1969. 1976 or 1978: PNB opened a branch in London. 1986 The Reserve Bank of India required PNB to transfer its London branch to State Bank of India after the branch was involved in a fraud scandal. 1986: PNB acquired Hindustan Commercial Bank (est. 1943) in a rescue. The acquisition added Hindustan's 142 branches to PNB's network. 1993: PNB acquired New Bank of India, which the GOI had nationalized in 1980. 1998: PNB set up a representative office in Almaty, Kazakhstan. 2003: PNB took over Nedungadi Bank, the oldest private sector bank in Kerala. At the time of the merger with PNB, Nedungadi Bank's shares had zero value, with the result that its shareholders received no payment for their shares. PNB also opened a representative office in London.

2004: PNB established a branch in Kabul, Afghanistan. PNB also opened a representative office in Shanghai. PNB established an alliance with Everest Bank in Nepal that permits migrants to transfer funds easily between India and Everest Bank's 12 branches in Nepal.

2005: PNB opened a representative office in Dubai. 2007: PNB established PNBIL - Punjab National Bank (International) - in the UK, with two offices, one in London, and one in South Hall. Since then it has opened a third branch in Leicester, and is planning a fourth in Birmingham. 2008: PNB opened a branch in Hong Kong. 2009: PNB opened a representative office in Oslo, Norway, and a second branch in Hong Kong, this in Kowloon. 2010: PNB received permission to upgrade its representative office in the Dubai International Financial Centre to a branch.

Punjab National Bank

Type Public (BSE: 532461, NSE: PNB) Industry Banking Financial services Insurance Founded Lahore (1895) Headquarters New Delhi, India Key people K.R.Kamath (Chairman & MD) Products Investment Banking Consumer Banking Commercial Banking Retail Banking Private Banking Asset Management Pensions Mortgage loans Credit Cards Life Insurance Revenue US$ 5.649 billion (2010)[1] US$ 882.4 million (2010)[1] US$ 67.422 billion (2010)[1] US$ 4.204 billion (2010)[1]

Net income Total assets Total equity

Employees 56,928 (2010)[1] Website PNBIndia.com Pnb punchline is The name you can bank upon

Awards

Awards & Achievements of Punjab National Bank in Recent Times

Shri Rakesh Sethi and Smt. Usha Ananthasubramanian, EDs PNB receiving the Golden Peacock HR Excellence Award-2011 from Justice PNB Awarded Golden Peacock HR M.N.Venkatchaliah, Former Justice of Excellence Award-2011 India. Also seen in the picture are Smt. Sushma Bali, General Manager-HRD and other officials at a function organized by IOD Shri Ajay Misra Chief Information Technology Officer receiving Award on IT for Internal Effectiveness from Shri PNB Awarded "IT for Internal Anand Sinha Deputy Governor Reserve Effectiveness" Awards Bank of India & Chairman IDRBT in a function held at IDRBT Hyderabad on 04.08.2011. Shri K.R. Kamath, Chairman & Managing Director, PNB receiving RBI Rajbhasha Awards from Dr. D.Subbarao, Governor, RBI. Other dignitaries PNB Awarded Rajbhasha Awards present on the dias are RBI Dy. Governors Dr. K.C.Chakraborthy and Dr. Subir Gokarn. Honble President of India Smt. Pratibha Devisingh Patil giving SCOPE Best Managed Bank Gold Trophy Award to PNB adjudged Best Managed Bank by Sh. K.R. Kamath, CMD- PNB. Seen in picture are Sh. Praful Patel- Union SCOPE Minister for Heavy Industries, Sh. A Sai Prathap, Minister of State & Sh. M.V. Tanksale, ED- PNB. Won Second Prize under the category of "Best Wind Power Project Financier" Wind Power India 2011 Awards 2011 by World Institute of Sustainable Energy. Punjab National Bank declared winner of PNB Awarded SKOCH

"SKOCH Challenger Award on Financial Inclusion". Sh. M.V. Tanksale and Shri Challenger Award 2011 on Financial Rakesh Sethi, EDs, PNB receiving award Inclusion from Dr. C Rangarajan, Chairman of the Prime Minister's Economic Advisory Council, at a function held at New Delhi. Punjab National Bank declared winner of "Best Technology Bank 2010". Sh. M.V. Tanksale, ED, PNB and Sh. Ajay Misra, PNB Awarded Best Technology Bank GM, PNB receiving award from Honble 2010 Ex-President of India Sh. A.P.J Abdul Kalam at the Banking Technology Conference held at Mumbai. PNB declared winner of the Golden Peacock Awards for Training. Smt. PNB AWARDED GOLDEN PEACOCK Sushma Bali, GM and Sh. J.P. Kapoor, AWARD FOR TRAINING DGM, PNB receiving award from Hon'ble Sh. K Sankaranarayanan, Governor of PRESS RELEASE Maharashtra and Sh. P.N. Bhagwati ExChief Justice of India. PNB AWARDED NIRYAT BANDHU Sh. K.R.Kamath, CMD, PNB receiving BRONZE TROPHY Niryat Bandhu Award from Honble Sh. Jyotiraditya Scindia, Minister of State for PRESS RELEASE Hindi Commerce and Industry. Seen in the picture is Sh. S.K.Dubey, GM, PNB. PRESS RELEASE English Sh. Nagesh Pydah, Executive Director, PNB Received Excellent Performance in PNB receiving 'excellent performance in Lending Under PMEGP Scheme award lending under PMEGP scheme' award SME PRESS RELEASE Hindi from Sh. Dinsha Patel, MoS (Independent Charge) and Sh. Dinesh Rai, Secretary, Ministry of Micro, Small & Medium MSME PRESS RELEASE Enterprises. at Hyderabad from Shri D. Subbarao, Governor, RBI . Dr. K.C. Chakrabarty, K,R.Kamath, CMD, PNB is receiving the Dy. Governor, RBI, Mr. Samba Murthy, Best Bank Award Director, IDRBT, Mr. S Ganesh Kumar, CGM, IDRBT and Mr. Ajay Misra, GM, PNB are also seen in the photograph. Outlook Money Award for the year 2010 Outlook Money Award 2010 for "Best Home Loan Provider" Outlook Money Award for the year 2010 Outlook Money Award 2010 for "Best Education Loan Provider" 2nd prize of Indira Gandhi Rajbhasha for promoting Hindi for the year 2008-09. Shield by Dept. of Indian Official

Language, Ministry of Home Affairs, GOI Gold trophy of SCOPE Meritorious By Standing Conference of Public Award for Excellence in Corporate Enterprises. Governance in 2009 5th Social and Corporate Governance Award Under the Category of "Best By Bombay Stock Exchange for 2010 Corporate Social Responsibility Practice" Skoch Awards 2010 for "Computerisation By Skoch for 2010 of RRBs" Global HR Excellance Award 2010 for the outstanding Contribution to the cause of World HRD Congress Education Asia Best Employer Brand Award" for By World HRD Congress for 2010 Excellence in Training Award for Brand Excellance" under By CMO Asia for 2010 Banking & Financial Services "CSR Excellence Award 2010" By ASSOCHAM For Livelihood Linkage of the milk Skoch Challenge Award 2010 producers in Bulandshahr District, Uttar Pradesh Best use of Technology for Financial By IDRBT. Inclusion for 2009-10. Best Employer Brand Award By Employer Branding Institute, India Regional Round Award Winners-Indore Golden Peacock Award for Excellence in By Institute of Directors for 2009. Corporate Governance By Dainik Bhaskar in association with India Pride Awards for excellence in PSU Daily News and Analysis for 2009. Dun & Bradstreet Award for Priority Sector Lending including Financial By Dun & Bradstreet for 2009. Inclusion. By Khadi & Village Industry National Award for Excellence in Lending Commission, Ministry of Micro, Small & for Institutional Finance in Propagating Medium Enterprises, Govt. of India, KVI Programmes in NATIONAL LEVEL (Interest Subsidy Eligibility Certificate Scheme) for 2009. By Khadi & Village Industry National Award for Excellence in Lending Commission, Ministry of Micro, Small & for Institutional Finance for Propagating Medium Enterprises, Govt. of KVI Programmes in CENTRAL ZONE India(Prime Minister Employment Generation Programme) for 2009. National Award for Excellence in Lending By Khadi & Village Industry for Institutional Finance in Propagating Commission, Ministry of Micro, Small & KVI Programmes in NORTH ZONE Medium Enterprises, Govt. of India(Interest Subsidy Eligibility

Certificate Scheme) for 2009. By Khadi & Village Industry National Award for Excellence in Lending Commission, Ministry of Micro, Small & for Institutional Finance in Propagating Medium Enterprises, Govt. of KVI Programmes in CENTRAL ZONE India(Interest Subsidy Eligibility Certificate Scheme) for 2009. VISION "To be a Leading Global Bank with Pan India footprints and become a household brand in the Indo-Gangetic Plains providing entire range of financial products and services under one roof" MISSION "Banking for the unbanked"

City Ashta Balaghat Banmore Betul Bhopal

Branch Ashta Balaghat Banmore Industrial Estate Betul Bhopal, Hamidia Road Bhopal, Marwari Road Bhopal, New Market Bhopal, Shahpura Bhopal, Jumerati Bhilwara, Bhopal Ganj Bhopal,T.T.Nagar

CONTACT Ganesh Market, Ashta, Mp - 466116 Distt Balaghat, Madhya Pradesh 481001 Banmore Industrial Estate, Distt Morena, Mp 476444 Civil Lines, Betul. Mp 460001 0755-2740126,0439 K L Luhana - Bhopal Hamidia Road, Distt. Bh . . 0755-2543114,3798 P K Agarwal - Distt. Bhopal (Madhya Pradesh) . . 0755-2554665,2559100 B.K. Sharma Bhopal New Market, Distt. Bhop Mp Bhopa 462003 0755-2468830,2463073 Surjit Rai Taneja E-7/635, Arrera Colony Shahpura, Bhopal . . 0755-2543053,2536621 Krishna Kumar Lal Bhopal Jumerati Bazar, Distt. Mp Bhopa 462001 - Bhopalganj Rj Bhilw 311001 0755-2552466,2552426 Mk Rehani - Bhopal

Tt Nagar, Distt, Bhopal . . Bhopal, Habib Ganj Rcc Bhopal Bhopal, Nehru Nagar Bhopal, Malik Market Bhopal,Bairagarh Bhopal, Govindpura Biaora Burhanpur Biaora Sanwara, Burhanpur G.S.M. Burhanpur Chhatarpur Chindwara Damoh Datia Chhattarpur Chhindwara Damoh Datia, Municipal Chowk Gandhi Road, Datia Dewas Dewas,Bajarangpura Dewas Gate Ujjain Dhamnod Ganjbasoda Gwalior Ratlam,Dhanmandi Ganajbasoda Lashkar, Srafa Bazar Gwalior,Chetakpuri Morar,Gwalior 0755-2552504 G.K.Sharma - (Madhya Pradesh) . . Pnb Building, Area Hills, Bhopal, Mp 462011 0755-2768339,2770090 Xxxxx - Bhopal Nehru Nagar, Distt. Bho . . 0755-2533954/2595760 P.J.Maheshwari (Mp) Mp Bhopa 462001 0755-2641542 Harkirat Singh - Bairagarh, Bhopal (Mp) . . 0755-2784769,2586338 K.J.S. Arora Bhopal Govindpura, Distt. Bhop . . Ab Road, Distt Rajgarh, Biaora, Mp 465674 Burhanpur Burhanpur Jawahar Marg, Chhatarpur, Mp - 471001 Station Road, Chhindwara, Mp 480002 Sagar Road, Damoh, Mp 470661 Datia Gandhi Road, Datia, Mp 475661 07272-252089,253399 R K Aggarwal 235,Bajrangpura,Dewas . Dewas 455001 Dewas Gate, Free Ganj, Ujjain, Mp Dhanmandi Ratlam ,Mp - 457001 Station Road, Ganjbasoda, Mp 464221 Sarafa Bazar, Lashkar, Gwalior, Mp- 474001 0751-2326964 Vinod K Agrawal Chetakpuri,Ag Office Road,Gwalior Mp Gwali 474009 0751-2368328,7433 K Velayudhan Nair Mall Road, Morar Gwalior Mp Gwali

Jayendraganj Gwalior Gwalior,Hazira Indore Indore Siyaganj Indore,Sanwer Road Neemuch Cantt Mphb Shopping Complex Indore, Keshar Bagh Road Indore, Indra Complex, Naval Rcc Indore Ashok Nagar, Indore Indore,Sitla Mata Bazar Indore,New Subzi Mandi Indore,Manorama Ganj Jawahar Marg, Indore Itarsi Itarsi Bhilakhedi Yard Jabalpur Vehicle Factory Jabalpur,Fouwara Chowk Jabalpur,Ghamapur,Bai Ka Bag Jabalpur Cantt Jabalpur,Shakti Nagar Bhartipur

Jayendraganj , Gwalior , 474001 Tansen Road,Hazira Gwalior Mp- 474001 - Gg Tower, 24 Mg Road Mp Indor 452007 0731-2421185.2422571 Sunil Barjatya Marimata Chouraha,Indore Mp Indor 452006 Neemuch Cantt, Distt. Mandsaur, Indore Mp - 458441 Mp Housing Board&Nbsp;Shopping Complex, A.B. Road, Indore (M.P.) 0731-2368687-2473754 Aupam Kulshreshtha - (M.P.) Mp Indor 452009 0731-2475255,2468709 K.K. Dubey - Indira Comp Navlakha ,Indore Mp Indor Naliya Bakhal, Bharat Marg, Indore, Maharashtra Indore - 36,Sitlamata Bazar Mp Indor 450202 0731-2330204,2330253 Narendra K Somani - New Sabzi Mandi ,Indore Mp Indor 452001 0731-2493846,2490753 K.L. Bajaj - Indore Manormaganj, Distt. Ind Mp Indor 452001 Jawahar Marg, Distt. Indore, Mp - 452004 Jai Stambh Chowk , Itarsi, Mp - 461111 Itarsi, Distt Bhopal, Mp 462021 Vehicle Factory, Jabalpur, Mp - 482009 0761-2342390 O P Srivastava - Fouwara Chowk, Mp Jabpu 482002 07612620702,2621233 Cbs Ahirwar Ghamapur,Bai Ka Bagicha Mp Jabpu 482001 Sadar Bazar Kingsway Jabalpur - 482001 0761-2422899,2422195 V.K. Marathe Shakti Nagar,Jabalpur Mp Jabpu 482002 Bhartipur Jabalpur Mp - 482002

Katni Khandwa Khargone Mandla Mandsaur Mhow Narsimhapur Pipariya Pithampur Ratlam Rewa Sagar Sagar Satna Sehore Seoni Shivpuri Sirmour Sironj Teonathar Ujjain

Katni Khandwa Khargone Mandla Mandsaur Main Mhow Cantt. Narsinghpur Pipariya Pithampur Alkapuri, Ratlam Rewa Katra Bazar Saugor Sadar Bazar Satna Lalta Chowk Sehore Jinna Chowk Shivpuri Sirmour Sironj, Vidisha Teonthar Barnagar Subhash Nagar Ujjain, Kanthal

Station Road, Katni, Mp 483501 Near Town Hall, Khandwa, Mp - 450001 Gurudwara Road, Tilak Path, Khargone, Mp 451001 Mandla Opp. Ghantaghar, Mandsaur, Mp 478001 Mhow Cantt.,Mp Main Road, Kandeli, Narsinghpur, Mp 487001 Cement Road, Pipariya, Mp 461775 101/B, Sector 3, Pithampur, Mp 454774 Alkapuri, Ratlam, Mp 457001 Prakash Chouraha Venkat Road, Rewa, Mp 486001 Katra Bazar, Saugor , Mp Sadar Bazar, Sagar, Mp - 470002 Satna Charkha Lane, Sehore, Mp 466001 Jinna Chowk, Kazi Ward, Khargone, Seoni, Mp 480661 Agra Bombay Road, Shivpuri, Mp 473551 Sirmour, District Rewa, Mp 486448 Sironj, Distt. Vidisha, Mp 464228 Teonathar, District Rewa, Mp Shivaji Path, Barnagar, Ujjain, Mp 456771 Subhash Nagar, Ujjain, Mp - 456001 0734-2560440,2552365 Ashok Kumar Gangrade - Ujjain, Distt. Ujjain (Mp) . . 07592-232996 Sudhir Kumar Sharma Madho Ganj,Vidisha Mp Vidis 464001 S.S. L. Jain College Vidisha Mp - 464001

Vidisha

Vidisha Main, M.P Vidisha, Ssl Jain College

Guna Jabalpur Satna Gwalior Bina Hoshangabad Harda

Guna Jabalpur, Jawaharganj Krishna Nagar Gwalior, New Bazar Bina Hoshangabad Harda

A.B. Road, Guna, Madhya Pradesh 0761 2481545 Ss Chhabra - (Madhya Pradesh) Rj Jabpu 482002 Krishna Nagar, Satna, Mp - 485001 0751-2321017,2320645 S P Sharma (Madhya Pradesh) Mp Gwali 474004 Bina, Distt. Sagar, Madhya Pradesh - 470113 Hoshangabad M.P. - 461001 Distt. Harda , Madhya Pradesh

List of brand ambassadors?

3 WHIRLPOOL Kajol and Ajay Devgan 4 RASNA Karisma Kapoor & Hrithik Roshan 5 EPSON Printers Sushmita Sen 6 NEWPORT Jeans Saif Ali Khan 7 MARCO-RICCI Shoes Sanjay Dutt 8 LEVIS Jeans Levis 501 range of jeans Bipasha Basu &. Shahrukh Khan 9 ACME Clothing PROVOGUE Fardeen Khan 10 RADO Lisa Ray 11 MOVADAO Twinkle khanna 12 LONGINES Aishwariya Rai 13 TAG HEUER Sharukh/Sushmita sen 14 Reebok Kaif 15 Castrol Ajay Jadeja and Rahul Dravid 16 Veedol Vinod Kambli 17 Dixcy and Amul MALLIKA SHERAWAT 18 BUICK CARS Tiger Woods, Preity Zinta 19 Kamsutra Condoms POOJA BEDI AND MARC ROBINSON 20 Mayur GAYTRI JOSHI 21 MIRZA Tanners Ltd Red Tape Shoes Salman Khan 22 FRANKFINN AIR HOSTESS ACEDEMY Soha Ali Khan 23.VEEDOL, PEPSI, EGGS, FOUR SQUARE, FIAT INDIA (PALIO), NESTLE NESFIT, PONDS CREAM, Vinod Kambli 24 SONY ENTERTAINMENT TELEVISION, IBP, BADSAHA MALPANI GROUP TOBACCO, AC APPLE JUICE,

CHANDRIKA BEAUTY PRODUCTS Jacky Shroff 25 CAMAY Soap Dia Mirza 26 Max New York Insurance Rahul Dravid 27 Liril Priety Zinta, Harishta Bhatt, Tara Sharma. 28 Air Deccan's Common Man (R. K. Laxman's cartoon) 29 CREAM BELL Icecream Saif Ali Khan 30 Ultra Heat Treatment (UHT) Milk, 'tetra pak India' company and Samsung Tabu 31 SKumars Tamarind (readymade wear) Hrithik Roshan. 32 Pizza hut Mallika Arora Khan 33 Godrej Consumer Products and Bausch & Lomb Mona singh (JASSI) 34 MALABAR GOLD (Kerala) Sania Mirza 35 TATA TEA. HP, Lotto, and Tata Indicom Sania Mirza 36 RELAXO Chappls Aftab Sivdasani 37 Yamaha John Abraham 38 Indigo Nation UPEN PATEL. 39 ASMI Diamonds KAJOL DEVGAN 40 Speed/BPCL;AMBI PURE (Car Freshener) Narain Kartikeyan 41 AIS Glass Shoaib Akhtar 42 TVS Surya -Tamil Movie actor 43 Bank Of Rajasthan Hema Malini 44 Canara Bank Venkatesh Prasad 45 Bank Of Baroda Rahul Dravid 46 Dena Bank Juhi Chawla 47 ICICI Bank Amitabh Bachchan 48 UTI Bank Mona singh (JASSI) 49 Tata Tea Chakra Gold Tea Bhumika 50 Pizza Hut, Hero Honda Karizma NANDANA SEN

Profile
ith over 60 million satisfied customers and more than 5100 offices including 5 overseas branches, PNB has continued to retain its leadership position amongst the nationalized banks. The bank enjoys strong fundamentals, large franchise value and good brand image. Besides being ranked as one of India's top service brands, PNB has remained fully committed to its guiding principles of sound and prudent banking. Apart from offering banking products, the bank has also entered the credit card, debit card; bullion business; life and non-life insurance; Gold coins & asset management business, etc. PNB has earned many awards and accolades during the year in appreciation of excellence in services, Corporate Social Responsibility (CSR) practices, transparent governance structure, best use of technology and good human resource management. Since its humble beginning in 1895 with the distinction of being the first Swadeshi Bank to have been started with Indian capital, PNB has achieved significant growth in business which at the

end of March 2011 amounted to Rs 5,55,005 crore. PNB is ranked as the 2nd largest bank in the country after SBI in terms of branch network, business and many other parameters. During the FY 2010-11, with 39.16% share of CASA to domestic deposits, the Bank achieved a net profit of Rs 4433 crore. Bank has a strong capital base with capital adequacy ratio of 12.42% as on Mar11 as per Basel II with Tier I and Tier II capital ratio at 8.44% and 3.98% respectively. As on March11, the Bank has the Gross and Net NPA ratio of 1.79% and 0.85% respectively. During the FY 2010-11, its ratio of Priority Sector Credit to Adjusted Net Bank Credit at 40.67% & Agriculture Credit to Adjusted Net Bank Credit at 19.30% was also higher than the stipulated requirement of 40% & 18% respectively. The Bank has been able to maintain its stakeholders interest by posting an improved NIM of 3.96% in Mar11 (3.57% Mar10). The Earning per Share improved to Rs 140.60 (Rs 123.86 Mar10) while the Book value per share improved to Rs 661.20 (Rs 514.77 Mar10). Punjab National Bank continues to maintain its frontline position in the Indian banking industry. In particular, the bank has retained its NUMBER ONE position among the nationalized banks in terms of number of branches, Deposit, Advances, total Business, Assets, Operating and Net profit in the year 2010-11. The impressive operational and financial performance has been brought about by Banks focus on customer based business with thrust on CASA deposits, Retail, SME & Agri Advances and with more inclusive approach to banking; better asset liability management; improved margin management, thrust on recovery and increased efficiency in core operations of the Bank. The performance highlights of the bank in terms of business and profit are shown below: Rs. In Crore Parameters Mar'09 Mar'10 Mar'11 CAGR(%) OperatingProfit 5690 7326 9056 26.16 NetProfit 3091 3905 4433 19.76 Deposit 209760 249330 312899 22.14 Advance 154703 186601 242107 25.10 TotalBusiness 364463 435931 555005 23.40 Bank always looked at technology as a key facilitator to provide better customer service and ensured that its IT strategy follows the Business strategy so as to arrive at Best Fit. The Bank has made rapid strides in this direction. All branches of the Bank are under Core Banking Solution (CBS) since Dec08, thus covering 100% of its business and providing Anytime Anywhere banking facility to all customers including customers of more than 3200 rural & semi urban branches. The Bank has also been offering Internet banking services to its customers which also enables on line booking of rail tickets, payment of utilities bills, purchase of airline tickets, etc. Towards developing a cost effective alternative channels of delivery, the Bank with 5050 ATMs has the largest ATM network amongst Nationalized Banks. With the help of advanced technology, the Bank has been a frontrunner in the industry so far as the initiatives for Financial Inclusion is concerned. With its policy of inclusive growth, the Banks mission is Banking for Unbanked. The Bank has launched a drive for biometric smart card based technology enabled Financial Inclusion with the help of Business Correspondents/Business Facilitators (BC/BF) so as to reach out to the last mile customer. The Bank has started several innovative initiatives for marginal groups like rickshaw pullers,

vegetable vendors, dairy farmers, construction workers, etc. Bank has launched a welfare scheme of adoption of village viz., PNB VIKAS. Under the scheme, Bank has selected 117 villages (60 in lead districts and 57 in non lead district) in different circles for all-round improvement in the living standards of the villagers. Besides, Bank has formed PNB PRERNA, an association of the wives of the Banks senior management. The association through its voluntary initiatives has undertaken activities like distribution of food to the poor and needy, provision of computers, books, stationary items to poor girl students at various orphanages and schools etc. Backed by strong domestic performance, the Bank is planning to realize its global aspirations. Bank has opened one branch each at Kabul and Dubai, two branches at Hong Kong and an Off Shore Banking Unit at Mumbai. In addition to the above, Bank has Representative offices at Almaty, Dubai, Shanghai and Oslo, a wholly owned subsidiary in UK with 7 branches and a subsidiary each in Kazakhstan & Bhutan, and joint venture with Everest Bank Ltd. Nepal. During the year, Bank acquired majority equity stake of 63.64% in Dana Bank of Kazakhstan.
Board of Directors

Shri. K.R.Kamath Chairman & Managing Director and Dy. Chairman of Indian Banks Association View Profile

Shri. Rakesh Sethi Executive Director View Profile

Smt. Usha Ananthasubramanian Executive Director View Profile

Directors

Shri. Anurag Jain Govt. of India Nominee Director

Shri. Jasbir Singh Reserve Bank of India Nominee Director

Shri. Vinod Kumar Mishra Part-time non-official Director

Shri. Tribhuwan Nath Chaturvedi Share Holder Director

Shri. G R Sundaravadivel Share Holder Director

Shri. Devinder Kumar Singla Share Holder Director

Shri. M P Singh Workmen Employees Director

Shri. Pradeep Kumar Officer Director

Shri. M A Antulay Part-time non-official Director

Insurance Business Punjab National Bank has taken a number of initiatives for the benefit of its invaluable customers and has virtually become one stop shop for various financial products & services.

Life Insurance

For Life-Insurance solutions of banks customers, the Bank has made Bancassurance Tie-up with leading Public Sector Undertaking Life Insurance Corporation of India, which has varieties of products suitable for people of all income groups and segments of society. To Know More Click Here Non-Life Insurance

The Bank has made Bancassurance Tie-up with Oriental Insurance Co. Ltd. (OICL), a Public Sector Undertaking, which offers variety of products e.g. Fire Insurance, Motor Vehicle Insurance, Marine Insurance & Misc. Insurance Policies like Shopkeepers Policy; Theft/Burglary Policy; Fidelity Guarantee Policy; Personal Accident Policy, Health Insurance Policy; Overseas Travel Insurance Policy, House Hold Goods Policy etc. at a competitive price with assured post sale services. To Know More Click Here Mandatory Disclosure for distribution of Life-Insurance & Non-Life Insurance Products, as per RBIs Directives .

Insurance is a subject matter of solicitation and the Policy is issued, based on contract between the Insured & Insurer Participation by customers is on voluntary basis. The contract will be between Insured & Insurer and not between Insured & the Bank.

Savings Fund Account

PNB Prudent Sweep Total Freedom Salary Account PNB Vidyarthi SF Account PNB Mitra SF Account PNB Rakshak Scheme PNB Shikshak Sweep Scheme PNB Shikshak Overdraft Scheme Scheme for Providing Overdraft Facility to Pensioners

Current Account

PNB Smart Roamer PNB Current Account

 Fixed Deposit Schemes

AUTORENEWAL FD Scheme for Road Accident Victims Recurring Deposit Scheme PNB 555 & 1000days PNB 777 days PNB 1111 days PNB Anupam Term Deposit Scheme PNB Bal Vikas PNB Combo Deposit Scheme PNB Dugna Deposit Scheme PNB Lakhpati Deposit Scheme-A PNB Lakhpati Deposit Scheme(Recurring and Fixed Deposit)-B PNB Multi Benefit Term Deposit Scheme PNB Special Term Deposit Scheme PNB Sugam Term Deposit Scheme PNB Ordinary Term Deposit Scheme PNB Varshik Aay Yojana (Vay) Deposit Scheme PNB Swecha Jama Yojna/Flexi RD PNB Tax Saver Fixed Deposit Scheme Prospective Sr. Citizen Scheme Loan against term deposits

Credit Schemes

List of Retail Asset Branches Housing Loan [PNB Flexible Housing Loan] - "Retail Tie-Up" Car Finance - "Retail Tie-Up" Two Wheeler Finance Personal Loan Professional Loan Education Loan Scheme - "Retail Tie-Up" Loan against Mortgage of Property Personal Loan Scheme for Pensioners Reverse Mortgage Scheme Other Credit Scheme Advance against Gold and Jewellery

Bplr rate
BPLR - 14.25% (w.e.f. 01.08.2011) BASE RATE - 10.75% (w.e.f. 01.08.2011 Brand Ambassador of pnb is Harbhajan Singh