Punjab National Bank, established in 1895 at Lahore (undivided India), is the first bank to have been started independently with Indian capital. The bank was nationalized in July 1969 along with 13 other banks.
Punjab National Bank, with its corporate office at New Delhi and 18 zonal offices which in turn supervise 65 regional offices under which the branches function, offers a wide variety of banking services which include corporate and personal banking, industrial finance, agricultural finance, financing of trade and international banking. Among the clients are multinational companies, Indian conglomerates, medium and small industrial units, exporters and non-resident Indians.
Considering the importance of small scale industries (SSI), the bank has established 16 specialized branches to finance exclusively such industries. With its state-of-the-art dealing rooms and well-trained dealers, the bank offers efficient forex dealing operations in India. Around 360 offices of the bank have been awarded the prestigious ISO 9002 certification.
