Total Networth

13,222.12 Cr.

One of the most trusted public sector banks in India, Punjab National Bank (PNB) is the second largest bank owned by the Indian government. With a network of over 180 million customers and over 12,000 branches across the country, the bank services a vast segment of the Indian population. Furthermore, Punjab National Bank is also one of the key institutional investors in the Indian stock market. The bank has an investment portfolio with a net worth of Rs. 9,000+ crores as of February 2024. Its holdings are diversified across 15+ companies from different sectors like banking, transport, cement, housing finance, transport & logistics and textiles. The public sector bank’s investments in PNB Housing Finance make up a significant portion of its portfolio value. Other top stocks contributing to the bank’s investments include those of UTI Asset Management Company, PNB Gilts Limited, Jet Airways (India) Limited and SEPC Limited.