Facts About PNB

Hello, I want to know the details of the history and the facts related to the Punjab National Bank.

[Raman Vij]

Hello, here I am providing you the details regarding the Punjab National Bank as under:

About the bank:
Punjab National Bank is an Indian financial services company based in New Delhi, India. Founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities. It serves over 80 million customers.

Founder:
Lala Lajpat Rai

Founded:
May 19, 1894, Lahore, Pakistan

Owners:
Government of India

CEO:
Usha Ananthasubramanian

Revenue details:
Revenue ₹47400 crore (US$7.1 billion)(2013)
Net income ₹4748 crore (US$710 million) (2013)
Total assets ₹478877 crore (US$71 billion) (2013)

Shareholdings:
Shareholders (as on 31-Dec-2013) Shareholding
Promoter Group (Govt. of India) 58.87%
Foreign Institutional Investors (FII) 17.51%
Insurance Companies 15.46%
Individual shareholders 04.05%
Banks/Financial Institutions/Mutual Funds/UTI 03.02%
Others 01.09%
Total 100.0%