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12.76% (2020) Website. punjabandsindbank .co .in. Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. [ 3] As of 31 March 2024, the bank has 1564 branches, which are widely spread across India. The largest number of branches are in the state of Punjab - 635 branches. The bank has 25 zonal offices, which are located ...
Bank of Maharashtra (90.90%) Central Bank of India (93.08%) UCO Bank (95.39%) Indian Overseas Bank (96.38%) Punjab and Sind Bank (98.25%) Presently there are 43 Regional Rural Banks in India Since 1 April 2020.[ 9] Andhra Pradesh. Andhra Pragathi Grameena Bank [ 10] Chaitanya Godavari Gramin Bank.
Punjab National Bank (abbreviated as PNB) is an Indian government public sector 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. [ 6][ 3] PNB has a banking subsidiary in the UK (PNB ...
There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.
Shareholders of OBC and UBI will receive 1,150 shares and 121 shares of Punjab National Bank, respectively, for every 1,000 shares they hold. [57] The merge came into effect since 1 April 2020. Post merger, Punjab National Bank has become the second largest public sector bank in India [58]
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 ...
The Indian Banks' Association (IBA) is an unregistered, voluntary association of like-minded banks and individuals. [ 1] It lacks statutory recognition or legal incorporation. Established on September 26, 1946, initially comprising private banks, it later expanded its membership. Although some banks joined the public sector in 1970, the IBA's ...
Public banks come in a variety of models. A public bank might be capitalized through an initial investment by the city or state, as well as through tax and fee revenue. [7] A public bank, like a private bank, can take tax revenues and other government income as deposits, create money in the form of bank credit, and lend at very low interest rates.