Punjab National Bank - Company Profile
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Punjab National Bank (PNB) is a provider of retail banking, insurance, mutual funds, agricultural banking, asset management business, and other financial services. Awards, adequate capital and asset quality are some of its major strengths; even as its cost efficiency could be major area for concern. The bank could benefit from the short-term economic outlook of India, strategic initiatives, and growing cards and payments channel in India. However, crowded robo advisor fields, emergence of neobanks, and risks related to online identity theft and hacking could pose various challenges to the bank.
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