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Punjab National Bank, India’s first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorised capital of Rs 2 lac and working capital of Rs 20,000. Far-sighted visionaries and patriots like Lala Lajpat Rai, Mr. E.C. Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia displayed courage in giving expression to the spirit of nationalism by establishing the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 7 banks have merged with PNB.

The Bank’s brand image and trust reposed by its customers have been reflected in the growing customer base and rising business graph of the Bank. Domestic Business of the Bank crossed the milestone of Rs.10 lakh crore and the Bank continued to maintain its forte in low cost CASA deposits. The Bank has been able to reach out to its customers across the nation with nearly 7000 branches, of which nearly 62% branches are in Rural and Semi Urban Areas (RU-SU).

MISSION PARIVARTAN, a transformational exercise for Business Excellence is currently underway to enhance Efficiency, Productivity and Profitability for long term sustenance and giving the Bank an edge over its competitors. An independent „THINK TANK? named ‘Mission Parivartan Division? has been formed to initiate, implement and drive change through improvement in People, Products and Processes. This will enable Bank to continue to serve the customers with the enhanced vigour and zeal to live upto its tagline “the name you can Bank upon”.

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