Punjab National Bank (PNB) is the third largest PSU bank of India. It is engaged in the business of insurance, mutual funds and retail banking. The bank offers credit card, debit card and asset management services. In addition the bank offers corporate and personal banking, industrial finance, agricultural finance, financing of trade and international banking. The bank operates through a network of 4668 offices and two subsidiaries namely PNB Gilts Ltd and PNB Housing Finance Ltd. The bank offers its services to 38 million customers. PNB has strong correspondent banking relationships with more than 217 international banks of the world. The bank`s key areas of operations include Hong Kong, Dubai, Kazakhstan, the UK, Shanghai, Singapore, Kabul and Norway. The bank is headquartered at New Delhi in India.The company reported revenues of (Rupee) INR 226,897.30 million during the fiscal year ended March 2009, an increase of 36.24% over 2008. The operating profit of the company was INR 101,133.70 million during the fiscal year 2009, an increase of 31.43% over 2008. The net profit of the company was INR 31,970.30 million during the fiscal year 2009, an increase of 45.12% over 2008.