Submitted by: S.

Sai Priya 113071086 II MBA A

Date of Establishment Revenue Market Cap Corporate Address

1895 0 ( USD in Millions ) 278516.57554545 ( Rs. in Millions ) 7 , Bhikaiji Cama Place, , New Delhi-110607, New Delhi www.pnbindia.com Chairperson K.R.Kamath MD K.R.Kamath Directors - A Gopinathan, Anurag Jain, B B Chaudhry, D K Singla, G P Khandelwal, G R Sundaravadivel, Jasbir Singh, K C Chakrabarty, K R Kamath, L M Fonseca, M A Antulay, M N Gopinath, M P Singh, M V Tanksale, Mohan Lal Bagga, Mohinder Paul Singh, Mushtaq A Antulay, N S Viswanathan, Nagesh Pydah, Pradeep Kumar, R K Kochar, Rakesh Sethi, Ravneet Kaur, S R Khurana, Sadhu Ram Bansal, Sunil Gupta, T N Chaturvedi, T N Chatuvedi, Usha Ananthasubramanian, V K Mishra Bank - Public

Management Details

Business Operation

Background

Established in 1895 in Lahore, Punjab National Bank is one of the oldest banks in India having a virtual presence in every important center of the country. The bank has over 35 million customers through 4540 offices including 421 extension counters, out of which 2/3 of its branches in rural and semi rural areas-the largest among nationalized banks, which makes it enjoy one of the highest pe Total Income - Rs. 406306.348 Million ( year ending Mar 2012) Net Profit - Rs. Million ( year ending Mar 2012) A Gopinathan

Financials

Company Secretary Bankers Auditors

V Sankar Aiyar & Co, NC Rajagopal & Co, Gupta & Gupta, P Jain & Co, Kalani & Co, Anjaneyulu & Co

History:
Established in 1895 in Lahore, Punjab National Bank is one of the oldest banks in India having a virtual presence in every important center of the country. The bank has over 35 million customers through 4540 offices including 421 extension counters, out of which 2/3 of its branches in rural and semi rural areas-the largest among nationalized banks, which makes it enjoy one of the highest penetration rate of banking activities in the country. Punjab National Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance. Sitting on a vast banking resources and significant presence in almost every lending sphere, the bank has a capital adequacy ratio (CAR), well above the Basel-2 regulatory requirement, at 12.96% as on June 2008, despite being exposed to numerous market and credit risk elements. Constantly strengthening the capital adequacy ratio through internal accruals and a regular increase in Tier 1 capital has put the bank on a very comfortable and formidable position. Punjab National Bank has a net interest margin (NIM) higher than the industry average due to a mix of improving yields and low cost funding base and has one of the healthiest low cost current account saving account (CASA) ratio of 41.31%. It also enjoys the highest rating by all four domestic rating agencies and one of the few banks to boast a AAA rating on its perpetual debt issue. The bank has ambitious plans of major technological up-gradation to establish capability of having 100,000 terminals under the Core Banking Solutions (CBS) with a greater thrust on increasing international footprints.The bank has successfully migrated to the Basel 2 accord in February this year.

Punjab National Bank has always stood with the time even in the most dire of circumstances. The bank is facing stiff challenges from its private sector counterparts. According to the RBI data, the banking business composition breakup between private sector banks and nationalized banks stood at 4% and 60% respectively, But the equation has taken a paradigm shift in favour of private sector banks owing to phased liberalisation of the BFSI sector, the composition stood at 21% as against nationalised banks share with reduced 49% in 2007. In a macro-prudential analysis of the Indian economy, it seems as the Indian banking industry has come a long way and entered in its ever challenging growth phase in a very prominent time as more than 49% of population financially excluded offers immense opportunity to the bank. Pursuing its financial inclusion, Punjab National Bank has opened more than 7.86 lakh No frills Accounts and intends to cover 30,000 villages, 75 million people by 2010 through Biometric Technology apart from comprehensive scheme launched for covering finance and insurance (health and life) for rickshaw pullers, project for empowering women weavers, vegetables vendors, etc. The core focus of the bank will be on retaining and further improving low cost deposits, lending to agriculture and small and medium enterprises and repositioning of subsidiaries and joint ventures. At the time of global financial turmoil, where the banks all over the world are creeping under tremendous pressure, Punjab National Bank has managed to insulate itself away from fatal transactions and has strictly adhered to the RBI guidelines. In July 2011, Punjab National Bank agreed to pick up a 30% stake in MetLife India which will make it the single largest shareholder in the private insurance company. The two parties have agreed that once the deal is finalized the company will be renamed PNB MetLife India. Awards: National Award for Excellence in SSI Lending- Ranked 2nd for four consecutive years from 2002 to 2005 The Banker's Almanac - Ranked 3rd amongst banking sector in India and 323rd rank in the world in 2006 The Banker, London- Ranked 386 amongst Top 1000 Global Banks in July 2005 AC Nielson Survey - 9th amongst Top 50 Most Trusted Services Brands in India Golden Peacock Award- for excellence in corporate governance in 2005 Subsidiaries of Punjab National Bank

PNB Gilts PNB Housing Finance PNB Investment Services PNB Insurance Broking

PNB Life Insurance Co.

Joint Ventures of Punjab National Bank

Principal PNB Asset Management Company Principal Trustee Company Assets Care Enterprises India Factoring & Finance Solutions

Key Executives:
.No 1 2 3 4 6 5 7 14 9 10 11 12 Name K R Kamath K R Kamath Sunil Gupta N S Viswanathan Usha Ananthasubramanian Rakesh Sethi Sadhu Ram Bansal Anurag Jain B B Chaudhry M N Gopinath M A Antulay D K Singla Designation Chairman Managing Director Director Director Executive Director Executive Director Executive Director Non Executive Director Non Executive Director Non Executive Director Non Executive Director Non Executive Director

13 8

M P Singh Pradeep Kumar

Non Executive Director Non Executive Director

Competitors:
Company Sales (Rs.Million) Current Price Change (%) 0.37 0.21 -0.64 0.32 0.48 1.21 -0.71 P/E Ratio 10.88 6.25 5.54 5.69 5.68 7.22 6.10 Market 52-Week Cap.(Rs.Million) High/Low 1510253.51 319483.98 278516.58 189493.25 173023.47 153268.80 111844.04 2475/1576 881/606 1091/659 566/306 408/254 122/77 274/150

SBI Bank Of Baroda PNB Canara Bank Bank Of India IDBI Union India Bank

1065214.53 2258.90 296737.24 364280.31 308506.22 284806.66 233699.30 Of 211442.78 778.70 815.90 429.10 303.00 100.50 201.70

Oriental Bank Indian Bank Allahabad Bank Syndicate Bank Indian Bank

158148.85 122313.23 155232.78 152683.52

296.00 189.00 140.35 115.50 79.05

1.28 -0.89 0.04 0.26 -0.63

7.24 4.55 3.57 4.92 5.88

85267.21 81957.14 70153.67 69344.63 63401.21

324/190 265/152 211/103 121/67 119/66

Overseas 178970.84

Andhra Bank Corporation Bank CentralBank

113387.28 130177.84

108.85 409.35 75.50

-0.50 0.94 -0.53

4.63 3.94 9.50

61218.09 60073.82 55871.16

139/79 528/336 112/62

of 191494.99

India UCO Bank Dena Bank Bank Maharashtra Vijaya Bank StateBank Bikane&Jai St.Bk Travancore United Bank State Bank Mysore Punjab Bank & 146323.72 67941.28 of 72139.64 77.10 107.15 50.35 0.19 0.61 0.50 4.34 4.27 6.58 51149.61 37281.23 29538.56 95/45 111/48 59/38

79881.25 62913.58

56.40 373.50

0.00 0.00

4.51 3.78

27948.40 26145.00

69/44 470/302

of 68287.62

513.30

0.26

4.63

25597.50

671/451

79610.93 Of 50784.31

67.20 505.00

-0.88 0.42

3.63 6.83

24475.73 23535.61

87/46 601/408

Sind 64745.00

68.85

0.15

3.92

16101.80

95/56

Bank of Punjab

3285.97

44.05

0.00

0.00

4625.25

0/0

Products:
Product Name Year Month Sales Quantity 03 0.00 Sales % of STO Value(Rs.Million) 284466.81 0.00

Interest/Discount advances/ Bills Income Investments

on 2012

on 2012

03

0.00

76923.36

0.00

Interest on balances 2012 with Reserve Bank of India and other interbank funds Others 2012

03

0.00

2125.14

0.00

03

0.00

764.99

0.00

Interest/Discount Advances/Bills Income Investments Others

on 2011

03

0.00

211045.48

78.20

on 2011

03

0.00

56375.48

20.89

2011

03 03

0.00 0.00

1601.82 842.02

0.59 0.31

Interest on Balances 2011 with Reserve Bank of India and Other Inter Bank Funds