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Reserve Bank assigns lead bank responsibility to PNB for newly-created district of Meghalaya

24 Mar 2022 Evaluate

The Reserve Bank has assigned the lead bank responsibility to Punjab National Bank (PNB) for the newly-created district of Meghalaya. The Meghalaya government in a notification on November 9, 2021, had informed about formation of a new district, Eastern West Khasi Hills. The newly-created district has been carved out from the erstwhile West Khasi Hills district.

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.

Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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