MoneyWorks4Me

PNB's Ernakulam circle crosses Rs 100-crore mark

06 Apr 2012 Evaluate

Punjab National Bank (PNB), country’s public sector lender’s Ernakulam circle has crossed Rs 100-crore mark in net profit during last fiscal. As on March 31, 2012 bank’s Ernakulam circle’s net profit stood at Rs 107 crore. The total business of the region is nearing Rs 5,000 crore.

The Ernakulam circle of Punjab National Bank includes its branches in eight districts from Trivandrum to Trichur. The bank recently launched exclusive salary accounts for defence/police personnel, nurses of private hospitals and State government employees. The bank has also helped different sections of needy people under CSR. During the period, cash deposit machines were installed in a number of branches of the circle.

The bank plans to open branches with ATM at Aroor (Alleppey), Maradu, Piravom (Ernakulam), Karunagappally (Kollam), Erattupetta, Kothanalloor, Vaikom (Kottayam), Attingal, Varkala, Vizhinjam (Thiruvananthapuram) and Wadakkanchery in Trichur district.


 

Peers
Company Name CMP
State Bank Of India 988.70
PNB 116.65
Bank Of Baroda 233.95
Canara Bank 123.00
Union Bank Of India 177.85
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