Punjab National Bank (PNB) has intend to divest its stake in Canara HSBC OBC Life Insurance, an associate company of the Bank, at an appropriate time depending upon market conditions and available options.
PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.