Question

The second largest public sector bank in India after State Bank of India in terms of number of branches as of July 2024:

• A. Bank of Baroda
• B. Canara Bank
• C. Punjab National Bank
• D. Union Bank of India

Answer 1

Answer:

C. Punjab National Bank

• As of July 2024,Punjab National Bank (PNB) stands as the second-largest nationalized bank in India, with the government holding a 76.87% stake.

• Founded on April 12, 1894, by Dyal Singh Majithia and Lala Lajpat Rai, PNB is headquartered in Dwarka, New Delhi.

• As of recent figures, the bank operates through an extensive network of 12,248 branches and over 13,000 ATMs across India, serving approximately 180 million customers.