PNB Share Price

In 1894, Punjab National Bank (PNB) is one of the oldest banks of India, with its headquarters in Lahore. The founder of this bank was Dyal Singh Majithia, who also served as the first chairman of the bank. It is one of India's largest banks, with over 10,528 domestic branches, and 2 International branches along with overseas offices in Colombo, Yangon, Dhaka, Dubai and London. The bank provides all major banking products like current accounts, savings accounts, term deposits and money market instruments to its customers.

PNB History & Milestones

Punjab National Bank was founded in 1894 in Lahore by Indian leaders inspired by the Swadeshi movement with the aim of creating an Indian-owned banking institution. It commenced operations on 12 April 1895 and quickly expanded its presence across India, supporting trade, agriculture, and commercial banking activities during the pre-independence era. The bank played a notable role in India’s financial development and gradually built a strong customer base through branch expansion and community trust. 

After independence, PNB underwent major structural changes, including relocation of headquarters and key operations to India following the partition of India in 1947. It continued expanding through mergers with several banks, strengthening its scale and financial base. In 1969, the bank was nationalised along with other major banks in India, marking a significant transformation in its ownership and operations. Since then, it has expanded its nationwide network, strengthened retail and corporate banking services, and adopted digital banking technologies to support modern financial services. 

● Founded in 1894 in Lahore as an Indian-owned banking institution under the Swadeshi movement 

● Commenced operations on 12 April 1895 at Ganpatrai Road, Lahore 

● Expanded early operations across India and neighbouring regions 

● Acquired and merged with several banks over time to strengthen its financial base and branch network 

● Survived the partition of India in 1947 and relocated headquarters and key operations to India 

● Nationalised in 1969, along with other major banks, marking a major shift in ownership and scale 

● Expanded nationwide branch network post-nationalisation to improve financial inclusion 

● Strengthened corporate and retail banking operations across urban and rural markets 

● Expanded international presence through overseas branches and representative offices 

● Modernised operations with digital banking, core banking systems, and technology-driven services 

Key Achievements 

The following highlights some of Punjab National Bank's notable achievements and contributions to India's banking sector. 

● Established in 1894, making it one of India's oldest public sector banks.  

● Recognised as the first bank in India founded solely with Indian capital.  

● Built an extensive domestic network with more than 10,000 branches across the country.  

● Expanded banking services through a wide network of ATMs, digital banking platforms, and mobile banking solutions.  

● Strengthened its market position through the successful integration of multiple banking institutions over the years.  

● Established an international presence through overseas branches and representative offices.  

● Continued to support financial inclusion by expanding banking services across rural, semi-urban, and urban areas. 

Awards & Recognition 

Punjab National Bank has received various recognitions for its banking services, digital initiatives, and contribution to India's financial sector. 

● Recognised for excellence in public sector banking.  

● Received awards for digital banking and technology-driven customer services.  

● Honoured for initiatives promoting financial inclusion and banking accessibility.  

● Recognised for customer service excellence across various banking segments.  

● Received industry recognition for innovation in banking products and digital transformation. 

Important Facts 

The following key facts provide an overview of Punjab National Bank's corporate profile and banking operations. 

● Established: 1894  

● Headquarters: New Delhi, India  

● Industry: Banking and Financial Services  

● Ownership: Public Sector Bank under the Government of India  

● Stock Exchange Listing: NSE and BSE  

● Business Segments: Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking  

● Domestic Network: More than 10,500 branches across India  

● International Presence: Overseas branches and representative offices in multiple countries  

● Customer Base: Serves retail, corporate, MSME, agricultural, and institutional customers through a diversified portfolio of financial products and services. 

Business Verticals 

The bank has evolved into a leading universal banking institution catering to customer needs across segments by adopting best practices and embracing technology in all its business processes. The bank offers a wide range of products and services to suit varied customer needs.  
 
PNB is India’s first bank to have been started solely with Indian capital. They provide a wide range of banking services, including internet banking, ATMs, credit cards, debit cards, mobile banking, NEFT/RTGS. PNB is one of only two banks in India with a network of over 10,000 branches, and over 13,506 automated teller machines (ATMs) spread across more than 675 cities/towns/villages. Over 50% of its branch network is situated outside major metropolitan areas. 

Key Personnel 

The bank is managed by an experienced leadership team responsible for guiding its strategic direction, overseeing operations, and ensuring effective governance across all business segments.