PNB
Punjab National Bank Limited Fundamentals
Punjab National Bank gives different banking and monetary items and administrations in India. The organization works through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations sections. It offers individual financial items and administrations, including saving asset accounts, current records, fixed store, and capital addition record and gold adaptation plans; lodging, vehicle, training, individual, and home loan credits; and cards. The organization additionally gives different miniature, little, and medium ventures plans; banking items for government clients; farming financial administrations; corporate financial items and administrations comprising of credits against future rent rentals, working capital financing, and term advances; EXIM money and money the board administrations, just as gold card plans for exporters; and global financial items and administrations. Moreover, it offers protection administrations, like life, fire, engine vehicle, marine, robbery/thievery, constancy ensure, individual mishap, wellbeing, travel, house hold products, and so on; and safe, shared asset, dealer banking, and application upheld by impeded sum administrations. Further, the organization gives portable banking, SMS banking, missed call, e-proclamation, ATM, cash store machine, passbook refreshing machine, and electronic check store machine administrations, just as charge cards. As of March 31, 2021, it worked an organization of 10,769 branches in India; and 2 branches containing 1 in Hong Kong and 1 in Dubai, just as 2 agent workplaces in Bangladesh and Myanmar. The organization was established in 1895 and is settled in New Delhi, India.
Business space of the organization
The bank is one of the head banking foundations in the country with a long custom of sound and reasonable banking.
Products of the company
Products
- Personal (Deposit
- Loans, Apply For OTS in NPA Accounts
- Insurance
- Government Business
- Agriculture Banking
- Financial Inclusion
- Priority Sector)
- Corporate (Corporate Loans
- EXIM finance, Cash Management Services
- Gold Card Scheme for Exporters
- Doorstep Banking Services)
- International (Schemes / Products / Services, NRI Services
- Help Desk For Forex Services
- World Travel Card, Foreign Office Details)
- Capital Services (Depository Services,
- Mutual Funds, Merchant Banking, ASBA)
E-services
Subsidiaries of the company
Domestic
- PNB Gilts Ltd.
- PNB Investment Services Ltd.
- PNB Insurance Broking Pvt. Ltd.
International
- Punjab National Bank (International) Ltd.
- Druk PNB Bank Ltd
Awards
FICCI Corporate Social Responsibility Award 2013-14
PNB Conferred With Appreciation Certificate
RBI Rajbhasha Award 2014-15
Assocham Social Banking Exellence Award 2015
Golden Peacock National Training Award 2016
Rajbhasha Kirti Award 2017-18
Aadhar Excellence Award
NSDL Star Performer Awards 2018
Best State Nodal Bank Award 2018-19
Digital Payments Award 2018-19
IBA Banking Technology Awards 2019
Top Rankers Excellence Award
EASE Reforms Excellency Award
PNB Wins Governance Now BFSI Awards 2019
BFSI Digital Innovation Awards 2019
Rajbhasha Kirti Award 2019
Bank Of The Year Award 2019
PNB Wins SCOPE CCE Award 2019
PNB Won IBA Banking Technology Awards 2020
PNB Stock Price Analysis and Quick Research Report
Let’s scrutinize however PNB is acting and if it's the proper time to buy the stock of PNB with careful analysis.
- For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. PNB has earned Rs 80,749.77 Cr. revenue in the latest financial year. It has posted outstanding revenue growth of 18.94 % in last 3 Years.
- In terms of advances, the bank reported 42.90 % YOY, rise . If you see 3 years advance growth, it stands at 15.84 %.
- Currently the company has a CASA ratio of 44.54 %. It’s overall cost of liability stands at 4.37 %. Also, the total deposits from these accounts stood at Rs 11,06,332.47 Cr.
- The Bank has a Poor ROA track record. The ROA of PNB is at 0.19 %.
- The Lender is inefficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 14.12 % and 5.73 % respectively as on the latest financial year.
- One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 39.29 % which means it has increased from the previous year.
- Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of PNB surged and is currently at Rs 12,811.85 Cr.
- The company has a Good Capital Adequacy Ratio of 14.32 .
- The best metric which provides insights about bank’s valuation is P/B ratio. Currently PNB is trading at a P/B of 0.48 . The historical average PB was 0.69.
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