PNB’s One Stop Branch outlet for Stockbrokers in Mumbai


Punjab National Bank (PNB), one of India's leading public sector bank, marks a milestone event with the inauguration of its Dedicated Stock Broker Branch at Mumbai. The Branch has its locational advantage by being located opposite to the iconic Bombay Stock Exchange Building.
The inauguration ceremony took place in the presence of the PNB MD&CEO Sh. Ashok Chandra, the Chief Guest for the occasion Sh. Sundararaman Ramamurthy, MD& CEO Bombay Stock Exchange (BSE) with gracious presence of Smt. Vaisshali Babu MD & CEO of BSE Clearing Limited (BSECL); along-side PNB’s Chief General Manager & Zonal Head-Mumbai Sh. Deepak Srivastava and Circle Head Mumbai City Sh. Rajeev Kamal.
The event was witnessed by the dignitaries from exchanges viz. BSE,NSE, MCX, BSECL, etc., valued customers and key stakeholders.
During the address of PNB’s MD&CEO, Sh. Ashok Chandra emphasized bringing state-of-the-art products tailor made for the Stock broking fraternity.
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The opening of the Stock broker branch is a pivotal step in PNB’s journey towards delivering end-to-end financial services to the Stock Brokers through seamless digital banking solution. The core offering of the Branch is e-FDR facility in collaboration with NSE clearing corporation, e-BG, OD against securities and Bank Guarantee limit.
With strong relationship management, low Turn-around-time and efficient control systems, PNB is focused on catering to all the banking needs and making in-roads in the Stock broking space.
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