Punjab National Bank (PNB), one of the country’s largest lenders, has opened 121 ATMs across the country to commemorate its 121th foundation day. With this, its ATM network has grown to 6421. Besides, the bank has also opened 121 Offsite E-Lobbys taking such number of kiosks to 621.
Meanwhile, the bank has started selling Sukanya Samriddhi Yojana, the special saving scheme of the government for the girl child. It is available across designated 1604 branches of the bank. The rate of interest on Sukanya Samriddhi Account was recently increased to 9.2 per cent.
Punjab National Bank has registered a rise of 2.54% in its net profit at Rs 774.56 crore for third quarter ended December 31, 2014 under review as compared to Rs 755.41 crore for the same quarter in the previous year. Total income of the bank has increased 8.24% at Rs 12904.85 crore for Q3FY15 as compared Rs 11922.3 crore for the corresponding quarter previous year.