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The Bank of Punjab was founded in October 1989, pursuant to the Bank of Punjab Act 1989, by the provincial government of Punjab under the leadership of then-Chief Minister Nawaz Sharif. [2] The initiative was part of the provincial government's efforts to utilize its financial resources to support local policy objectives during the resurgence ...
Download as PDF; Printable version; In other projects ... Bank of Azad Jammu and Kashmir; Bank of Khyber; Bank of Punjab; F. First Women Bank; N. National Bank of ...
Punjab National Bank is a Public sector undertakings in India (PSU) working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar , in pre-independent India (present-day Pakistan ).
The transport card enables the user to pay for travel, toll tax, retail shopping and withdraw money. It is enabled through the RuPay card mechanism. [2] The NCMC card is issuable as a prepaid, debit, or credit RuPay card from partnered banks such as the State Bank of India, Canara Bank, Bank of India, Punjab National Bank, and others. [3]
Punjab & Sind Bank founders group portrait. From left-to-right: Tarlochan Singh, Vir Singh, Sundar Singh Majithia The first branch of the bank in Amritsar was established on 24 June 1908 by Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh to serve the then Sind and Punjab areas of colonial India.
The Punjab Provincial Cooperative Bank Limited (PPCBL), established in 1924, is one of the oldest banks in Pakistan. It has historically served as a specialized bank catering to the needs of housing and agricultural cooperatives.
The Punjab Banking Company (1889) was a bank founded in the year 1889 in British India. The bank became defunct in the year 1916, when it was acquired by the Alliance Bank of Simla . [ 1 ]
As of February 2021, more than 4 million PayPak cards have been issued [2] – representing 3.5% of the 41.9 million payment cards issued in the country. [6] PayPak has over 25% of market share in terms of volume of cards in the market. [7] While Visa has 40%, Mastercard and UnionPay have 25% each of market share. [7]