Fundamental Analysis of Punjab National Bank (PNB)
Introduction\r\nPunjab National Bank, popularly known as PNB Bank, became the third bank in the public domain to reach a market valuation of Rs. 1 lakh crore on 15 December 2023. While the PNB share price was not at an all-time high on Friday, the government’s equity aid to revive the public sector banks from the claws of NPAs helped the bank achieve this milestone.\r\n\r\nHowever, is it just the government’s support, or is the bank also putting effort into becoming one of the largest public sector banks in the country? Let’s find out.