India's 8 Best Banks

By siliconindia   |   Tuesday, 22 November 2011, 01:35 IST   |    6 Comments
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6. Punjab National Bank:
PNB
The third largest bank is in the sixth rank of the best bank in India. The bank was registered under Indian companies act in the year 1984 with office at Anarkali bazaar in Lahore. The total deposits in the bank are 312,899 Crore and make an operating profit of 9,056 Crore. They have around 5000 branches across 764 cities and is the second largest state owned profitable bank India. PNB has branches in UK, Hong Kong, Dubai and Kabul and representative offices in Almaty, Dubai, Oslo and Shangai. K.R Kamnath is the Chairman and the Managing Director of the bank.