Top 10 Banks in India 2017

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5. Punjab National Bank

Punjab National Bank is a state-owned corporation based in New Delhi started in 1894.


Image: flickr.com/photos/igb/

PNB founders included several members from Swadeshi movement and since then it has been a prominent bank in the Indian banking sector, and even Lala Lajpat Rai was vigorously linked with Punjab National Bank. Punjab National Bank is into banking and financial services sector serving individuals and enterprises.

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PNB has had the privilege of maintaining accounts of national leaders such as Mahatma Gandhi, Jawahar Lal Nehru, Lal Bahadur Shastri, Indira Gandhi, as well as the account of the famous Jalianwala Bagh Committee.

It has a customer base of over 80 million and is connected by over 6,900+ brances and over 9,000+ ATMs across 760 cities. It has also international presence with seven branches in UK as well as branches in Kabul, Hong Kong, Dubai etc. It has representative offices in places like Oslo, Dubai, Shanghai, Sydney etc.

It has an asset base of ₹667,390.45 crore as on March 2016. Sunil Mehta is the current MD & CEO of the company. It has over 70000+ employees in the organization spread across the country. Some of the Mergers and Acquisitions of Punjab National Bank include Bharat Bank Ltd., Universal Bank of India, Indo-Commercial Bank, Hindustan Commercial Bank, New Bank of India and Nedungadi Bank. It has received several awards like best public sector bank in 2012; best socially responsible bank in 2011 and many such awards that are feather in the cap for the history.

Interest Earned (Cr): Rs46213

Net Profit (Cr): Rs1062

Return of Asset: 0.12%

Net NPA(Cr): Rs34993



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