Punjab National Bank is one of the oldest and largest public sector banks in India. It was founded in the year 1894 at Lahore in undivided Punjab as India’s first indigenous or Swadeshi bank. The bank opened for business on 12th April 1895. Prior to the partition of India in August 1947, Punjab National Bank shifted its headquarters from Lahore to Delhi. In the year 1969, it was nationalised along with 13 other private sector banks.
| Particular | Details |
| Bank Name | Punjab National Bank |
| Type | Public Sector |
| Founded | 19th May 1894 |
| Founder | Dyal Singh Majithia and Lala Harkishen Lal |
| Headquarters | Delhi, India |
| MD & CEO | Ashok Chandra |
| Chairman | K G Ananathakrishnan |
| Regulator | RBI |
| Services | Retail Banking, Corporate Banking, MSME and Agriculture Banking and more |
| Branch Network | 10,189 |
| Customer Base | 18 crore |
| Total Deposits | INR 16.60 lakh crore |
| Total Advances | INR 12.31 lakh crore |
| CASA Ratio | 37.1% |
| Bank Type Focus | Priority Sector Lending, Financial Inclusion |
| Official Website | www.pnb.bank.in |
Net Worth and Market Cap
Net Worth of Punjab National Bank was approximately INR 18.18 lakh crore in March 2025. The bank’s market capitalisation is currently at INR 1.39 lakh crore.
Corporate Leadership
Ashok Chandra is the Managing Director and CEO of Punjab National Bank. He assumed charge in January 2025. K G Ananathakrishnan is the Non-Executive Chairman, while M. Paramavisam, D. Surendran and Bibhu Prasad Mahapatra are the three Executive Directors of the bank.
Overview of Banking Products and Services
Punjab National Bank operates as a full-service commercial bank offering numerous banking products and services across segments, such as retail banking, commercial banking, agriculture finance, international banking, industrial finance and more.
The bank offers a number of retail banking products and services. These include savings accounts like Unnati and general savings accounts, current accounts, PMJDY zero balance accounts, fixed deposits, recurring deposits and other term deposits, debit cards, credit cards and multiple loan options like housing loans, vehicle loans, education loans, gold loans and more.
Corporate and MSME banking offerings cover financing and services like working capital financing, import/export finance, eMudra, PM Vishwakarma, bill financing, supply chain finance, trade finance, cash management services and forex and treasury services.
Agricultural banking solutions include crop loans, kisan credit card, agriculture term loans, poultry or dairy financing, krishi tatkal scheme for instant loans and government schemes.
Headquarters and Network
Punjab National Bank has its head office or headquarters in Delhi, India. It has a network of 10,189 branches and 11,822 ATMs across India. The bank also has a subsidiary in United Kingdom and branches in Dubai, Kabul, Kowloon and Hong Kong.
