This document provides an updated list of branches that report directly to the Head Office (HO) of Punjab National Bank for credit matters falling within the HO's powers. It consolidates several previous circulars. Fifteen major commercial branches (MCBs) and 13 other directly reporting branches must now send all credit proposals directly to HO with a copy to their Circle Office. Local commercial branches continue directly reporting credit proposals to HO within its powers, with a copy to the Field General Manager. Other branches send credit proposals beyond their powers to their Circle Office, which then directly reports proposals within HO powers to HO.
This document provides an updated list of branches that report directly to the Head Office (HO) of Punjab National Bank for credit matters falling within the HO's powers. It consolidates several previous circulars. Fifteen major commercial branches (MCBs) and 13 other directly reporting branches must now send all credit proposals directly to HO with a copy to their Circle Office. Local commercial branches continue directly reporting credit proposals to HO within its powers, with a copy to the Field General Manager. Other branches send credit proposals beyond their powers to their Circle Office, which then directly reports proposals within HO powers to HO.
This document provides an updated list of branches that report directly to the Head Office (HO) of Punjab National Bank for credit matters falling within the HO's powers. It consolidates several previous circulars. Fifteen major commercial branches (MCBs) and 13 other directly reporting branches must now send all credit proposals directly to HO with a copy to their Circle Office. Local commercial branches continue directly reporting credit proposals to HO within its powers, with a copy to the Field General Manager. Other branches send credit proposals beyond their powers to their Circle Office, which then directly reports proposals within HO powers to HO.
TO ALL OFFICES OPERATIONS DIVISION (SPBPR) CONSOLIDATED CIRCULAR NO. 06 /2014 Reg : Direct reporting of branches to H.O. for credit matters falling within H.O. Powers
In the process of consolidation of the cited circulars, a few changes in the list of direct reporting of branches to HO for credit matters and the system of reporting are given below:
LCBs to continue sending credit proposals, falling within HO powers, directly to HO with copy to respective FGM and FGM to give his response / recommendation to HO within 7 days.
MCBs and direct reporting branches (identified by Credit Division): Now there are 15 MCBs and 13 identified branches which are required to report directly to HO for all credit related matters (list as per Annexure). These branches, to continue sending credit proposals, falling within HO powers, directly to HO with copy to respective CO and FGMO. Circle Office to send recommendation to FGM under copy to HO and FGM to give his response / recommendation to HO within 7 days.
However, these branches would continue to be under the administrative control of respective Circle Offices.
Other Branches to continue sending all their credit proposals beyond their powers, to their respective Circle Offices. COs to send credit proposals, falling within HO powers, directly to HO along with their recommendations, with copy to respective FGMO. FGM to give his response / recommendation to HO within 7 days
The latest list of branches that have to report directly to HO for credit matter falling within HO powers is attached.
( K RAM MOHAN ) GENERAL MANAGER Direct reporting of branches to Head Office for credit matters falling within HO Powers Sl No LCBs MCBs OTHER DRB 1 LCB,Chandigarh MCB,Siyaganj Indore ECE House, Delhi 2 LCB , Bangalore Model Town,Hissar J anpath, Delhi 3 LCB , Chennai MCB , Delhi Sansad Marg, Delhi 4 LCB , Hyderabad MCB , NOIDA Nehru Place, Delhi 5 LCB ,Delhi Kalyani Nagar, Pune Okhla NSIC 6 LCB , Gurgaon Surya Nagar, Nagpur BC Place, Delhi 7 LCB , Kolkata Brady House, Mumbai Barkhamba Road (IBB), Delhi 8 LCB , Ludhiana VADODARA, RAO PURA (MCB) Foreshore Road, Mumbai 9 LCB , Mumbai Lyons Range, Kolkata Ilaco House, Mumbai 10 LCB , Ahmedabad MCB,Coimbatore PNB House , Mumbai 11 MCB , J aipur SEEPZ, Mumbai 12 Industrial Area , Kota Bangalore City 13 MG Road, Lucknow Shakespeare Sarani kolkata 14 GT Road,J alandhar 15 MCB Goa