Punjab National Bank Results 2011
Punjab National Bank opened for business on 12 April, 1895.The first Board of 7 Directors comprised of Sardar Dayal Singh Majithia who was also the founder of Dayal Singh College and the Tribune Lala Lalchand one of the founders of DAV College and President of its Management Society Kali Prosanna Roy eminent Bengali pleader who was also the Chairman of the Reception committee of the Indian National Congress at its Lahore session in 1900 Lala Harkishan Lal who became widely known as the first industrialist of Punjab EC Jessawala a well known Parsi merchant and partner of Jamshedji & Co of Lahore Lala Prabhu Dayal, a leading Rais merchant and philanthropist of Multan Bakshi Jaishi Ram, an eminent Civil Lawyer of Lahore and Lala Dholan Dass, a great banker, merchant and Rais of Amritsar.
Thus a Bengali Parsi a Sikh and a few Hindus joined hands in a purely national and cosmopolitan spirit to found this Bank which opened its doors to the public on 12th of April 1895.They went about it with a Missionary Zeal.Sh. Dayal Singh Majithia was the first Chairman, Lala Harkishan Lal the first secretary to the Board and Shri Bulaki Ram Shastri Barrister at Lahore, was appointed Manager.A Maiden Dividend of 4% was declared after only 7 months of operation.Lala Lajpat Rai was the first to open an account with the bank which was housed in the building opposite the Arya Samaj Mandir in Anarkali in Lahore.His younger brother joined the Bank as a Manager.Authorised total capital of the Bank was Rs. 2 lakhs the worki [...]
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