Posts tagged State Bank of India

Punjab National Bank opens office in Sydney

By Neena Bhandari

Sydney, 17.09.2011 (IANS): Punjab National Bank (PNB), the second largest government-owned bank in India, opened a representative office in the heart of the central business district here on Thursday, becoming the fourth Indian bank to establish a presence in Australia.

“We are hoping to get regulatory approval from authorities in both countries to upgrade this representative office into a full-fledged branch within a year,” said chairman and managing director K R Kamath.

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