Punjab National Bank Recruitment 2019

PNB Recruitment Information For Multiple Posts

About Punjab National Bank

PNB (Punjab National Bank) have more than 120 years of strong existence and 6081 total branches including 5 foreign branches, 6940 ATMs as on Mar’14, Punjab National Bank is serving more than 8.9 crore esteemed customers. PNB, being one of the largest nationalized banks, has continued to provide prudent and trustworthy banking services to its customers. The Bank enjoys strong fundamentals, large franchise value and good brand image. To meet the growing aspirations of the people and compete in these tough conditions, the Bank offers wide range of products and services.

Awards and Recognitions:
Owing to its performance during the year 2013, Bank earned many laurels and accolades in recognition to its service towards doing good to society and on its overall performance. Recently, PNB was awarded with Golden Peacock Innovative Product/Service Award 2014 by Institute of Directors, “Vigilance Excellence Award” by Institute of Public Enterprises, ‘Global CSR Excellence and Leadership Award’ for ‘Organisations with Best CSR Practices’ and ‘Bank with leading Financial Inclusion Initiatives Award’ by ABP News. Apart from these, the Bank has been conferred with ‘IBA Banking Technology Awards’ under the category of Best Risk Management and Security Initiatives and ‘Banking Technology Excellence Award’ under Customer Management and Business Excellence Initiatives by IDBRT, Hyderabad. Further the Bank has been recognized as ‘Best Banker’ under Agriculture Credit and Inclusion by The Sunday Standard.
In terms of accolades, PNB has been adjudged as the ‘Most profitable Bank’ amongst Public sector banks by Financial Express and Ernst & young survey on India’s Best Bank. Globally, 'The Banker' Magazine, London has ranked PNB at 170th position amongst World's Top 1000 Banks in 2013, up from 175th position in 2012. Forbes Magazine has placed PNB at 668th place amongst 2000 global giants.

Business Performance:
During FY’14, Punjab National Bank maintained it NUMBER ONE position in Domestic Business, Domestic Deposits, Domestic Advances, CASA Deposits and Operating Profit amongst nationalized bank
With 38.30% share of CASA Deposits to Total Deposits, PNB maintained its Number one position amongst peers. Further in terms of Bottom line performance, the Bank achieved highest Operating Profit of Rs 11,384 crore during FY’14. Net Interest Margin (NIM) at 3.44% remained one of the highest amongst peer banks.The Bank has a strong capital base with capital adequacy ratio of 12.29% as per Basel II and 11.52% as per Basel III as on Mar’14. The Bank has maintained its number one position with highest Book value per share of Rs.952.50 as at the end Mar’14 amongst peers.

Financial Inclusion:
Financial inclusion has been priority area for the Bank as reflected in its mission "Banking for the unbanked”. To provide Business Correspondents (BC) services online, the Bank has put in place Kiosk Banking Solution (KBS).  With this new technology the Financial Inclusion customers can access all the banking services (Account opening, cash withdrawal, cash deposit, mini statement, balance enquiry and fund transfer, etc.) required by them at BC location in real time.
For an efficient use of BC network, The Bank has adopted a mix of BC models using KBS technology for each Sub Service area (SSA) or Urban Ward (UW) within service area of each base branch. The Bank has 8490 SSAs across the country.