Punjab National Bank (PNB): A Snapshot of a Public Sector Banking Giant
PNB
Punjab National Bank (PNB): A Snapshot of a Public Sector Banking Giant
Punjab National Bank (PNB) is one of India's largest public sector banks,
offering a comprehensive range of banking and financial services
to corporate and retail customers. It has a vast network of branches and ATMs across the country and a significant international presence.
Latest News and Developments (as of July 3, 2025):
1. Q1 FY2026 Business Updates (Preliminary, released July 2, 2025):
* Global Advances: Showed robust growth of 9.9% year-on-year, reaching ₹11.3 lakh crore.
* Global Deposits: Increased by 13% year-on-year, touching ₹15.9 lakh crore.
* Domestic Advances: Grew by 9.7% year-on-year.
* Domestic Deposits: Rose by 12% year-on-year, reaching ₹15.37 lakh crore.
* Global Credit-Deposit Ratio: Remained stable at 71.2%.
* Domestic Business: Increased to ₹26.17 trillion, marking an 11.1% year-on-year growth.