Registered in 1894 under the Indian Companies Act with its office in Anarkali Bazaar Lahore, Punjab National Bank has ranked at 248th biggest bank in the world. Government-owned commercial bank in India, with 38 million satisfied customers and 4668 offices in 764 cities, Punjab National Bank has a banking subsidiary in the United Kingdom and branches in Hong Kong and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai. In a market analysis report Punjab National Bank has 125 billion INR in Market capital and massive assets of 60 billion US dollars.
Several leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala HarKishen Lal, Lala Lalchand, Shri Kali Prosanna Roy, Shri E.C. Jessawala, Shri Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan Dass are some of the proud founders of Punjab natinal bank. It’s the first Indian bank to have been started with Indian capital and still holding frontline position in the Indian banking Industry.
In short and long term development and diversifaction porgramm to increase its domesic and international presence, the bank has branched in Hongkong, Dubai, Kazakhstan, UK, Shanghai, Singapore, Kabul and Norway. Bank is also in the process of establishing its presence in China, Bhutan, DIFC Dubai, Canada and Singapore and proposed plans to start its operation in Fiji Island, Australia and Indonesia. Bank continues with its goal to become a household brand with global experience.
The impressive operational and financial performance has fetched Punjab National Bank numerous awards. The PNB is the first bank to sucessfully computizes all its branchs and won “Best IT Team of the Year Award”. The Bank also provides a huge vareity of financial services from short and long term loans, asset management, mutual fund, senior citizen schemes, and special schemes for trading companies and students, varoius deposit schemes.
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Buy PNB with target of Rs 1090 and stop loss of Rs 1035, says Kunal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 1049.70 on the BSE.
Buy PNB with target of Rs 1050 and stop loss of Rs 900, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 991.55, up 0.7% on the BSE.
Buy PNB with target of Rs 1043 and stop loss of Rs 970, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1002.95, up 1.1% on the BSE.
Buy PNB with target of Rs 1035 and stop loss of Rs 999, says Arun Kejriwal, market analyst, on Zee Business. The stock is currently trading at Rs 1015.80, up 0.2% on the BSE.