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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 ).
In 1974 Reserve Bank of India constituted a study group headed by Shri Prakash Tandon (then Chairman of Punjab National Bank), with a view to study the entire gamut of Bank's finance for working capital and suggest ways for optimum utilization of Bank credit. This was the first elaborate attempt by the central bank to organise the Bank credit.
Punjab & Sind Bank is an Indian public sector bank headquartered in New Delhi. [3] As of 31 March 2024, [update] the bank has 1570 branches, which are widely spread across India. The largest number of branches are in the state of Punjab - 635 branches.
The Chairman Planning and Development Board (Sindh) is the head of the Planning and Development Department and serves as the Chief Executive of the Board. The Chairman of P&D is considered the highest-ranking office in the Government of Sindh, after the Chief Minister and the Chief Secretary of Sindh. The office of the Chairman has been vacant ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
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 ...
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.
Patiala and East Punjab States Union or PEPSU was an Indian state formed by the union of the post-partition province of Punjab on the Indian side of the border with eight princely states, which were allowed to maintain their native monarchs. The state was inaugurated on 15 July 1948 and formally became a state in 1950.