The name you can bank upon, Punjab National Bank’s tagline is a very powerful line, considering that the founder was a person India banked upon, the legendary Lala Lajpat Rai. Started in the year 1895 in Lahore in undivided India, this bank was started solely with Indian capital.
From its then modest beginnings today the bank has grown into a 4668 office multinational bank. With a business of over Rs 3,64,463 Crores, it is well in the big league. A very unique aspect is the bank’s vision statement which encompasses its Endeavour to be a global bank, yet have a pan-India footprint. An even more interesting part is the mention of Indo-Gangetic plains and the bank’s eagerness to become a housel hold name in the mentioned region.
The bank has a sizeable presence in the loans market. Personal Loan, Housing Loan and a unique Financial Basket loan are part of its loan portfolio.
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