October 22, 2018

Public Sector Banks in India

The Banking scenario in India has considerably changed if the last decade is considered. The width and depth of financial system in India has improved. The new technology has also added to the improvement and has made banking transactions just a click away. Nationalised or Public Sector Banks earlier being quite reluctant to the acceptance of this change have now succeeded by making a rapid makeover and concentrating more on a customer centric policy. [… Next …]

Punjab National Bank

Punjab National Bank (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. [… Next …]