Support and Resistance Levels
Past performance
About Punjab National Bank Punjab National Bank (PNB), headquartered in New Delhi, is one of India's leading state-owned commercial banks. Established in 1895, it was the first bank started solely with Indian capital. PNB offers a diverse range of financial services including banking products, credit and debit card services, bullion trading, insurance, and asset management. The bank has a substantial presence with 10,076 branches and 12,898 ATMs as of March 2023, and extensive operations overseas with branches in Hong Kong, Dubai, and representative offices in several major cities globally.
PNB has demonstrated robust growth, evidenced by its Gross Global Business reaching Rs. 21,65,844 crore by March 2023. The bank's operating profit stood at Rs. 22,529 crore, with a net profit of Rs. 2,507 crore for FY 2022-23. It holds a significant domestic CASA share of 43%. PNB has been proactive in expanding its services and adapting to technological advancements, making strategic investments and partnerships to enhance its offerings. Despite facing challenges, such as the high-profile fraud case in 2018, PNB continues to reinforce its position in the Indian banking sector through strategic expansions and innovations.