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#Pnb #ubi #obc Punjab national bank Punjab National Bank (PNB) is an Indian public sector banking and financial service company, with its headquarters in New Delhi, India. The bank was founded in 1894. As of 31 March 2019, the bank has over 110 million customers, 7001 branches (7,000 as on 2nd oct, 2018) and 10681 ATMsacross 764 cities. PNB has a banking subsidiary in the UK (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul. It has representative offices in Almaty(Kazakhstan), Dubai (United Arab Emirates), Shanghai (China), Oslo (Norway), and Sydney(Australia). In Bhutan it owns 51% of Druk PNB Bank, which has five branches. In Nepal PNB owns 20% of Everest Bank Limited, which has 50 branches. Lastly, PNB owns 84% of JSC (SB) PNB Bank in Kazakhstan, which has fourPunjab National Bank is a PSU working under Central Government of India regulated by Reserve Bank of India Act, 1934 and Banking Regulation Act, 1949. Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, Lahore, in present-day Pakistan. Oriental bank of commerce Oriental Bank of Commerce is an India-based bank established in Lahore (then the city of United India, and currently in Pakistan), is one of the public sector banks in India. It is one of the promising public sector banks in India headquartered at Gurugram, India. It has approximately 2700 branches and 2621 ATMs pan India. Rai Bahadur Lala Sohan Lal the first Chairman of the Bank, founded OBC in 1943 in Lahore. Within four years of its coming into existence, OBC had to face Partition. The bank had to close down its branches in the newly formed Pakistan and shift its registered office from Lahore to Amritsar. Lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers. United bank of india United Bank of India (UBI) is an Indiangovernment-owned bank headquartered in Kolkata, India. Presently the bank has a three-tier organisational setup consisting of its head office in Kolkata, 36 regional offices and 2054 branches spread all over India. However, its major presence is in Eastern India. The bank has three full-fledged overseas branches, one each at Kolkata, New Delhi and Mumbai. United Bank of India now aims to expand its international activities. On 30 March 2009, the Indian government approved the restructuring of United Bank of India.[3] The government proposed to invest 2.5 billion rupees in shares by 31 March and another 5.50 billion in the next fiscal year in Tier-I capital instruments. The move is part of the Indian government's program to improve the capital base of the state-owned banks. UBI gets SEBI approval for Rs 1,000 crore equity issue via QIP On 22 November 2017, United Bank of India (UBI) said it has received SEBI’s approval for issue of equity shares worth Rs 1,000 crore by way of institutional placement. In February 2014, an RBI-appointed forensic audit by Deloitte found serious lapses in the Non-performing asset detection system of the bank.[4]It is yet to be established whether this oversight on the part of the bank was deliberate or unintentional. The bank has reported a loss of Rs. 1,238 crore during Q3 of the 2013-14 fiscal year, resulting in a downgrade of its tier-II bonds by ICRA, an associate of Moody's Investor Service.[5] United Bank of India's reported NPA of 10.82% is the highest in percentage among listed banks in India