Punjab National Bank (PNB) a public sector bank Chairman and Managing Director K C Chakrabarty told that it has established its overseas operations with the opening of a new branch in Hong Kong.
He added that bank international operations have not been much affected by the current economic scenario moreover bank is introducing new products to show confidence in the Indian banking system.
Chakrabarty informed the bank has recently opened a second branch at Kowloon, Hong Kong. In addition to this bank have representative offices at Shanghai, Almaty, Dubai and Norway and a subsidiary in London.
He told the bank total business has shown growth of Rs 3,50,000 crore.
Giving details of the banks performance in Rajasthan, he told the total business in the stated has crossed Rs 13,800 crore.
Wednesday, April 22, 2009
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