Punjab National Bank (PNB) is one of the oldest and leading public sector banks in India. Established in 1894, it is headquartered in New Delhi, India. PNB was founded by Lala Lajpat Rai and was initially established to support the financial needs of the people belonging to Punjab.

Over the years, the bank has grown significantly and is now a major player in the Indian banking industry. PNB offers a wide range of products and services to its customers. These include personal banking, corporate banking, agricultural banking, international banking, and investment banking.

The bank provides services such as savings accounts, current accounts, loans, mortgages, credit cards, wealth management, and treasury services. PNB also offers various digital banking solutions, including internet banking, mobile banking, and online fund transfers. In terms of its global operations, PNB has a presence in multiple countries through its subsidiaries and joint ventures.

It has subsidiaries in countries like the UK, Canada, Dubai, Hong Kong, and Australia. PNB also has a joint venture with Everest Bank Limited in Nepal. These global entities cater to the banking needs of the Indian diaspora and local customers in those countries.

Punjab National Bank is a significant player in the Indian banking sector. It ranks among the top banks in India in terms of total assets and market capitalization. Despite facing some challenges in recent years, mainly due to a major fraud case in 2018, PNB continues to maintain a strong market position.

Over the years, PNB has achieved several milestones. It has been awarded as the Best Public Sector Bank in India and has received recognition for its excellent customer service. The bank has also made significant advancements in adopting digital technologies to enhance its services and improve customer experience.

As of the latest available information, Punjab National Bank is in a stable position. The bank has been focusing on strengthening its internal controls and risk management after the fraud incident. PNB continues to grow its customer base and expand its services to meet the evolving needs of its customers.

(Please note that the information provided is based on the latest available information and may be subject to change. )