Anchor India 2014 Anchor India 2014 | Page 174

‘Relationship beyond banking’ and this has provided the Bank the flavor of satisfaction and transformed the Bank into ‘Bank of choice. Bank of India, Union Bank of India and Dai-Ichi Mutual Life Insurance Company of Japan have set up a joint venture Life Insurance Company. Bank has National Swasthya Bima Policy, a Health Insurance product for their customers under a strategic tie up with National Insurance Company. Punjab National Bank Head Office 7, Bhikhaiji Cama Place New Delhi – 110 066 Tel: 011 26102303 Web: www.pnbindia.in The Punjab National bank is one of the largest nationalized banks in the country with over 6000 branches in India and 5 overseas branches. The bank serves more than 82 million customers with prudent and trustworthy banking. With strong fundamentals, large franchise value and good brand image, the bank can meet the growing aspirations of all groups of people. Some of the accolades for the bank in 2012 – 13 include ‘IDRBT Banking Technology Excellence Award under customer Management and Intelligence Initiatives, ‘Golden Peacock Business Excellence Award by Institute of Directors, ‘The Best Public Sector Bank’ by CNBC TV 18, ‘Most Socially Responsive Bank’ by Business World and PwC, The Best Banker in Agriculture Credit (Large) by Sunday FINWIZ 2012, National Award for Excellent Performance in Lending under PMEGP Scheme of KVIC in North Zone by the Ministry for MSME, GOI, the IBA Banking Technology Awards 2012 for “Best Use of Business Intelligence” and “Best Risk Management and Security Initiatives”. ‘The Banker’ Magazine has ranked PNB at 170 among World’s Top 1000 Banks in 2013. Forbes Magazine has ranked the bank at 668 among 2000 global giants. The bank enjoys rank No.26 among FE 500 India’s Finest Companies.In business performance the bank has maintained its Number One position in Savings Deposits, CASA Deposits, Total Income, Non Interest Income, Operating Profit and Net Profit among the nationalized banks. The bank has been able to protect 172 bank ANCHOR INDIA the interests of both the customers and the stake holders. In operational performance also the bank has been able to put forth excellent results. With 6000 branches, 6460 ATMs, 5047 Business Correspondents and 2165 Ultra Small Branches the bank has been the forerunner in the initiatives for F inancial Inclusion Programmes. The bank is also actively participating in the Direct Benefit Transfer Programme of the Government. For the techno savvy young generation the bank offers Fund Transfer, Bill Payments mobile registration for generation of SMS alerts, Direct Tax Payment, request for stop payment of cheques etc from its network of ATMs. The bank offers Internet Banking including online bill payment for utility services, Railway/ air ticket booking, e-payment of service taxes and many more. All the branches are RTGS and NEFT enabled. PNB MetLife India Insurance Company is the new initiative of the bank. Other services include credit and debit cards, Gold Business, Merchant Banking, Mutual Fund, Factoring Services etc. 363 branches are now Pragadi Branches with a queue management system, self-service area with Pass Book Printing Terminal, Cash and Cheque Deposit Machine for speedy and convenient delivery of services. The bank has branches in Hong Kong, Dubai, Afghanistan, an Offshore Banking Unit in SEEPZ, Mumbai, Subsidiaries in UK, Bhutan, and Kazakhstan. The bank has 48 branches in its joint venture with Everest Bank, Nepal. There are five representative offices in Sydney, Dubai, Almaty, Shanghai and Oslo. The bank will keep on dedicating itself and fulfilling the needs of the people with excellent financial services in the years to come. State Bank of Travancore Head Office: Poojapura Thiruvananthapuram - 695 012 Ph: 0471 2351244 Web: www.statebankoftravancore.com State Bank of Travancore (SBT) was originally established as the Travancore Bank Ltd. on 12th September 1945 in the erstwhile Princely State of Travancore with a paid up capital of Rs.1 crore. The Bank became a Scheduled Commercial Bank in 1946, and in 1960 it became a subsidiary of the State Bank of India and