Officially known as the NCT or the National Capital Territory, Delhi is a union territory and also the capital city and of India. Hence, it is the center of the National Capital Region (NCR). Although it is a union territory, the administration of Delhi closely resembles that of any Indian state as it has its own high court, legislature and an executive council headed by a Chief Minister. Delhi gives a tough competition to Mumbai in terms of population and wealth. It is the second wealthiest city in India, closely following Mumbai. It is also a tourism hub for its famous ancient historical relics. Heritage sites like the Qutub Minar, Humayun?s Tomb, Jama Masjid are hotspots for active tourism. Moreover, Delhi connects travelers to exciting destinations in the northern Himalayan Mountains. The city experiences a sub-tropical semi-arid climate ? the summer and winter months starkly contrast each other and are marked by temperatures at extreme ends. The city has an excellent infrastructure in terms of transport and connectivity. However, the pollution levels in the city have reached alarming levels of late. The people of Delhi, commonly known as ?Delhiites,? lovingly call their city ?Dilli? according to the Hindi pronunciation. Home to people from different parts of India, Delhi is indeed a melting pot of various cultures.
Punjab National Bank is a financial services company and a state-owned headquartered in New Delhi, India. In 1894, the PNB was found. The bank had over 80 million customers, 6,937 branches, and 10681 ATMs across 764 cities as of 31 March 2017. Outside India, the bank has a subsidiary in the UK as well as in Hong Kong, Kowloon, Dubai, and Kabul. On 19 May 1894, the PNB was incorporated under the Indian Companies Act, with its office in Anarkali Bazaar, Lahore. The founding board from different parts of India established the bank with the common objective of creating a truly national bank which would further support the economic interest of the country. The founders of PNB included many leaders of the Swadeshi movement such as Kali Prasanna Roy, E. C. Jessawala, Prabhu Dayal, Dyal Singh Majithia and Lala Harkishen Lal, Lala Lalchand, Bakshi Jaishi Ram, and Lala Dholan Dass. The Lala Lajpat Rai was actively associated with the management of the Bank in the initial years. The board of PNB first met on 23 May 1894. On 12 April 1895, the bank began its business in Lahore. In 1900, the PNB opened its first branch outside Lahore.