Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore. The Bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. The financial year 2019- 20 was significant in view of the announcement of amalgamation of Public sector Banks wherein Oriental Bank of Commerce and United Bank of India amalgamated with Punjab National Bank with effect from April 1, 2020. 

The Bank’s brand image and trust reposed by its customers have been reflected in growing customer base and rising business graph of the Bank. Bank’s focus has been on qualitative business growth, recovery and arresting fresh slippages. The Bank’s journey towards digitalization continues through constant innovation and upgradation of its existing products and services. The Bank strives to provide hassle free and convenient banking services to several customers. The Bank believes in leveraging technology for delivering best customer experience.

Business area of the company
The bank is one of the premier banking institutions in the country with a long tradition of sound and prudent banking. The Bank offers wide range of products and services to its customers serving various needs and aspirations.
The bank has a strong franchise value and provides a host of financial products and services, both to the retail customer and corporate business. It has continued to fulfill its social responsibilities and made significant progress in adoption of technology, keeping with its objective of transforming itself into a techno-savvy Bank.

Products

Personal

• Deposit 
• Loans 
• Approved Housing Projects 
• Apply for OTS in NPA Accounts 
• Insurance 
• Government Business 
• Financial Inclusion 
• Priority Sector

Corporate

• Corporate Loans 
• Forex Services offered to Exporter and Importer 
• Cash Management Services 
• Gold Card Scheme for Exporters

International

• FX Retail Platform 
• Libor Transition 
• Schemes / Products / Services 
• NRI Services 
• Help Desk For Forex Services 
• World Travel Card 
• Foreign Office Details 
• Trade Finance Redefined Portal 
• Outward Remittance under LRS
• Special Rupee Vostro Account

Capital Services

• Depository Services 
• Mutual Funds 
• Merchant Banker 
• Bankers To an Issue 
• Debenture Trustee

E-services 

• Retail Internet Banking
• Corporate Internet Banking
• BHIM PNB (UPI)
• RTGS/NEFT/IMPS/ECS/NACH
• Green PIN - Debit Card
• Missed Call Services
• E-Statement
• SMS Banking
• Point Of Sale (PoS)
• Mandate Management (Create\Amend\Cancel\Suspend\Revoke)
• Debit Card Transaction Enable/Disable 
• Loyalty Rewards for PNB One 

Awards

• 2014: FICCI Corporate Social Responsibility Award 2013-14
• 2014: PNB Conferred With Appreciation Certificate
• 2015: RBI Rajbhasha Award 2014-15
• 2015: Assocham Social Banking Exellence Award 2015
• 2016: Golden Peacock National Training Award 2016
• 2017: Rajbhasha Kirti Award 2017-18
• 2017: Aadhar Excellence Award
• 2018: NSDL Star Performer Awards 2018
• 2018: Best State Nodal Bank Award 2018-19
• 2018: Digital Payments Award 2018-19
• 2019: IBA Banking Technology Awards 2019
• 2019: PNB Wins Governance Now BFSI Awards 2019
• 2019: BFSI Digital Innovation Awards 2019
• 2019: Rajbhasha Kirti Award 2019
• 2019: Bank Of The Year Award 2019
• 2019: PNB Wins SCOPE CCE Award 2019
• 2020: PNB Won IBA Banking Technology Awards 2020 
• 2021: PNB selected for NABARD’s special commemorative award
• 2021: PNB has won “The Asian Banker Financial technology Innovation award 2021” for Best Core-Banking Technology Implementation.
• 2022: Punjab National Bank and Infosys Finacle have won in the category Best Core Banking System Initiative on 23rd June 2022.
• 2022: PNB, nation’s leading public sector bank, won the third prize at “National MSME Awards 2022” organized under the Entrepreneur-India programme by the Union Ministry of MSME in New Delhi.
• 2022: PNB wins 2 awards in IBA banking technology awards 2022
• 2022: MSME Banking Excellence Award 2022
• 2023: Punjab National Bank was felicitated with ET Best BFSI Brands on 21st March 2023 at Mumbai.
• 2023: PNB wins Best MSME Bank (Runner UP) for 9th MSME Excellence Awards
• 2023: PNB received Industry Best Data Quality (DQ) – Index for FY 2022-23 in consumer segment by TransUnion CIBIL.
• 2023: PNB received Infosys Finacle Innovation Awards 2023
• 2023: PNB Wins Rajbhasha Kirti Award 2023
• 2023: PNB receives 23rd Annual Greentech Award 2023
• 2023: Bank receives IBSi Global Fintech Innovation Awards
• 2024: PNB wins Best MSME Friendly Bank
• 2024: PNB wins Data Excellence Awards
• 2024: Best Data Quality Index Award (Commercial Bureau) FY 2023-24
• 2024: PNB recognised for Outstanding Performance in SHG Linkage 2023-24
• 2024: Bank receives SKOCH award  
• 2024: PNB awarded 1st Runner up under SHRM HR Excellence Awards
• 2024: PNB receives the Global Fintech Awards 2024

Milestones

• 1894: PNB was born on May 19, 1894.
• 1895: The Bank opened for business on 12 April, 1895.
• 1900: The first branch outside Lahore was opened in Rawalpindi in 1900.
• 1947: On March 31, 1947, the Bank officials decided to leave Lahore and transfer the registered office of the Bank to Delhi and permission for transfer was obtained from the Lahore High Court on June 20, 1947.
• 1951: The Bank took over the assets and liabilities of Bharat Bank Ltd. and became the second largest bank in the private sector.
• 1962: It amalgamated the Indo-Commercial Bank with it.
• 1969: From its dwindled deposits of Rs. 43 crores in 1949 it rose to cross the Rs. 355 crores mark by the July 1969. Its number of offices had increased to 569 and advances from Rs. 19 crores in 1949 to Rs. 243 crores by July 1969 when it was nationalised.
• 1980s: By late 1980s when the first whiff of liberalization came about, the Bank initiated strategic moves towards diversification.
• 2002: 20% of government ownership was disinvested through a very successful IPO to the public. 
• 2003: The erstwhile Nedungadi Bank Ltd (e-NBL), a Kerala based private bank was amalgamated with Punjab National Bank. This was the seventh merger in PNB’s history of more than 115 years. 
• 2005: In order to meet future capital requirements on account of implementation of Basel II norms, in March 2005, the Bank came out with Follow-on Public Offer (FPO) through the book building process, reducing the shareholding of Govt of India to 57.8%.
• 2008-09: During 2008-09, the Bank achieved the landmark of becoming the largest Nationalized Bank to bring all branches/extension counters into Core Banking Solution (CBS). 
• 2022: PNB launches co-branded credit card with Patanjali in partnership with RuPay
• 2022: PNB invests Rs 10.00 Crores for acquiring 5.97% stake of ONDC in its first tranche
• 2022: PNB Introduces Pre-Approved Personal Loan in 4 Clicks and single OTP via digital channels
• 2022: PNB signs MOU with Indian Air Force for 'Pnb Rakshak Plus Scheme'
• 2022: PNB and Assam Rifles sign MoU for the 'PNB Rakshak Plus Scheme'
• 2022: Punjab National Bank joins the Account Aggregator Ecosystem
• 2022: PNB signs MOU with Indian Army for 'AGNIVEERS’
• 2022: PNB Introduces “Revamped PNB One” – A one-stop digital platform for financially inclusive solutions
• 2023: Punjab National Bank launches IVR Based UPI Solution - UPI 123PAY
• 2023: PNB partners with AMUL to support one of the largest dealer networks in India
• 2023: Punjab National Bank Launches its Virtual Branch in the Metaverse: PNB Metaverse
• 2023: PNB and Tata Motors Finance enter into partnership for co-sourcing of Commercial Vehicles
• 2023: PNB inaugurates Air Force Station Palam Branch
• 2023: PNB launches PNB GST Sahay App, enabling MSMEs to access instant loans digitally using GST invoices
• 2023: PNB and REC Ltd. enter into a strategic partnership 
• 2023: PNB launches Digital Gold Loan
• 2024: PNB signs MOU with Indian Renewable Energy Development Agency
• 2024: PNB Partners with IoTechWorld Avigation Private Limited to Finance Agriculture Drones
• 2024: PNB, EaseMyTrip Collaborate to Introduce PNB EMT Credit Card
• 2024: PNB offers Rakshak Plus Scheme for Defence Pensioners
• 2024: PNB Strengthens Partnership with Indian Army through PNB Rakshak Plus Addendum
• 2024: PNB signs MOU with India Infrastructure Finance Company Limited (IIFCL)
• 2024: PNB Introduces Safety Ring Mechanism to Enhance Security for Internet and Mobile Banking Users
• 2024: PNB signs MoU with SAIL
• 2024: PNB Enhances its WhatsApp Banking Services with New Features
• 2024: PNB Launches Qualified Institutions Placement to Strengthen Capital Base
• 2024: PNB Strengthens its Efforts to Simplify E-Banking for Corporate Customers through PNB One BIZ App
• 2024: PNB Strengthens its NRI Services: Launched 24*7 NRI Customer Service Centre & New Offerings
• 2024: PNB Launches Eco-Friendly Palaash Debit Card Made from Recycled PVC Plastic
• 2025: PNB Launches Home Loan Expo 2025 to Empower Homebuyers with Exclusive Offers
• 2025: PNB Launches Nationwide MSME Outreach Programme to Empower Entrepreneurs with Tailored Financial Solutions
• 2025: PNB signs MoU with Indo Tibetan Border Police
• 2025: PNB Revises Interest Rates on Retail Loans
• 2025: Punjab National Bank upgrades PNB One BIZ App to Boost Business Banking Experience
• 2025: PNB offers e-Vehicle loans at interest rates starting at 8.30% towards Boosting Green Mobility
• 2025: PNB signs MoU with SCCL for Rs 1.25 crore Personal Accidental Insurance Scheme
• 2025: PNB Now Offers Easy Digital Opening of Sukanya Samriddhi Yojana Accounts through PNB ONE App
• 2025: Punjab National Bank Becomes First Public Sector Bank to Migrate its Corporate Website to Secure ‘.bank.in’ Domain
• 2025: PNB signs MoU with Central Reserve Police Force
• 2025: PNB signs MoU with Rajasthan Government to support ?21,000 crore investments under Rising Rajasthan
• 2025: PNB Signs MoU with TCIL to Strengthen Comprehensive IT Solutions
• 2025: PNB signs MoU with Indian Coast Guard.