Punjab National Bank

Indian public sector bank

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March 31 2024 Punjab National Bank reported having 102,349 total employees, including 1,722 employees with disabilities (2.43% of workforce), with an average employee age of 39 years.
September 2022 Punjab National Bank launched WhatsApp banking service for customers and non-customers, offering various non-financial and informative services.
April 1 2020 The merger of Oriental Bank of Commerce and United Bank of India with Punjab National Bank came into effect, creating the second largest public sector bank in the country.
March 4 2020 The Union Cabinet approved the merger of Oriental Bank of Commerce and United Bank of India with Punjab National Bank.
August 30 2019 Finance Minister Nirmala Sitharaman announced the planned merger of Oriental Bank of Commerce and United Bank of India with Punjab National Bank.
2018 PNB initiated support for Rural Self Employment Training Institutes (RSETIs) during the financial year 2018-2019.
2018 PNB made donations to the CM relief fund for Kerala and Kumbh Mela during the financial year 2018-2019.
2018 PNB established the PNB Hockey Academy to support young talents in India and contribute to national sports development.
February 2018 PNB disclosed a massive fraud involving fraudulent transactions of up to $1.77 billion.
November 22 2017 United Bank of India received SEBI's approval for an equity share issue worth Rs 1,000 crore through Qualified Institutional Placement (QIP).
2014 PNB launched the PNB Ladli scheme to promote education among girls in Rural and Semi-urban areas.
2012 Punjab National Bank conducted corporate social responsibility activities including medical camps, farmer training, tree plantations, and blood donation camps during the financial year 2012-2013.

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