Question

Is punjab bank a Formal credit bank
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Answer 1

Punjab National Bank (PNB) is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi. The bank was founded in 1894. As of 31st March 2017 the bank has over 80 million customers, 6,937 branches, and 10681 ATMs across 764 cities.

Answer 2

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Punjab National Bank, abbreviated as PNB, is an Indian public sector bank headquartered in New Delhi, India. The bank was founded in 1894 and is the second largest public sector bank (PSB) in India, both in terms of business and its network. The bank has over 180 million customers, 10,910 branches and 13,000+ ATMs post merger with United Bank of India and Oriental Bank of Commerce, effective from 1 April 2020.