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Punjab National Bank (abbreviated as PNB) is an Indian government 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 .
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 ...
Mumbai, Maharashtra: Services Insurance 141 NLC India Limited: 1956 Ministry of Coal: Tamil Nadu: Mining Coal & Lignite Navratna Category 142 State Bank of India: 1956 Ministry of Finance: Services Banking 143 NLC Tamil Nadu Power: 2006 Ministry of Coal: Tamil Nadu: Enterprises Under Construction 144 NMDC Limited: 1958 Ministry of Steel ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Mumbai: 2000 5: Kotak Mahindra Life Insurance Co. Ltd. Private Mumbai: 2001 6: Aditya Birla Sun Life Insurance Co. Ltd. Private Mumbai: 2000 7: TATA AIA Life Insurance Co. Ltd. Private Mumbai: 2001 8: SBI Life Insurance Co. Ltd. Public Mumbai: 2001 9: Bajaj Allianz Life Insurance Co. Ltd. Private Pune: 2001 10: PNB MetLife India Insurance Co ...
PNB MetLife was initially launched as MetLife India Insurance Company Limited in 2001. In 2011, PNB acquired a 30% stake in MetLife India Insurance. On 7 December 2012, PNB and MetLife India approached the Competition Commission of India (CCI). In January 2013, PNB received full approval to purchase a 30% stake in MetLife India Insurance.
In 2023, Thimphu dzongkhag court sentenced the manager responsible for Druk PNB's ATMs, to nine years and six months for embezzling over Nu 10 million from nine ATMs in the capital. [ 2 ] In 2022, The High Court of Bhutan upheld the Thimphu Dzongkhag court 's verdict, sentencing a senior executive of Druk PNB, to three years in prison for ...
The PNB official in his complaint informed the agency that at the Bank's branch office at Brady House in Fort, Mumbai, two of its employees, Gokulnath Shetty, retired Deputy Manager of PNB and another bank official, issued fraudulent LoUs to Hong Kong based creditors on behalf of three firms associated with Nirav Modi and the Gitanjali Group ...