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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 .
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More than 18 banks have launched RuPay credit cards: Axis Bank; AU Small Finance Bank [33] HDFC Bank [34] IDBI Bank [35] United Bank of India [36] Union Bank of India [37] Punjab National Bank [38] Punjab and Maharashtra Co-operative Bank [39] Saraswat Bank [40] Canara Bank [41] Central Bank of India [42] Vijaya Bank [43] Bank of India [44] SBI ...
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]
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The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.