Thursday, 22 May 2014

PNB plans to open 500 branches


Punjab National Bank on Wednesday said it is eyeing to increase its total business growth to around 18% which is Rs 9.5 trillion for 2014-15.
In order to expand its reach, PNB plans to expand by opening 500 new branches across India.
In 2013-14, PNB had total deposits of Rs 4.5 trillion and advances of Rs. 3.5 trillion.
The bank's deposits grew by 14.1% and advances by 13.1% last fiscal.

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