When the Punjab National Bank (PNB) merge with Nedungadi Bank Ltd (NBL)? Tell me the mission and the objective of it? Also provide me all the details regarding the Merger of Punjab National Bank and Nedungadi Bank?

Public sector Punjab National Bank (PNB) has taken over Kozhikode-based Nedungadi Bank Ltd (NBL)

This is the seventh merger of another bank with PNB in the 107 years of its existence.

About PNB:

Punjab National Bank is a Banking and Financial service bank owned by Government of India. Its headquarter is in New Delhi, India.

The bank was founded in 1894.

List of other mergers of PNB:

1951 Bharat Bank Ltd. New Delhi, India
1961 Universal Bank of India Dalmianagar, Bihar, India
1962 Indo-Commercial Bank India
1986 Hindustan Commercial Bank India
1993 New Bank of India New Delhi, India
2003 Nedungadi Bank Kozhikode, Kerala, India
01-04-2020 Proposed Merger Oriental Bank of Commerce Gurugram (Head Office)
& United Bank of India Kolkata (Head Office)

Contact:

PNB
Corporate Office: Plot No 4, Sector -10
Dwarka New Delhi -110075

Toll Free No.
1800 180 2222
1800 103 2222

Tolled No. 0120-2490000
Landline :011-28044907