Explanation:Punjab National Bank is an Indian financial services company based in New Delhi founded in 1894.
|B.||Quit India Movement|
|C.||Non Cooperation Movement|
|D.||Civil Disobedience Movement|
Explanation:Swadeshi movement encouraged the formation of a number of commercial banks.
Explanation:The banking crisis of 1913-1917 and the failure of 588 banks in various states during the decade ended in 1949. It underlined the need for the regulation and coordination of commercial banks.
Explanation:The failure of 588 banks in various states during 1913-1917 emphasized the need for the regulation and coordination of commercial banks and thus Banking Regulation Act was passed in 1949.
Explanation:The largest bank, the Imperial Bank of India, was nationalised in 1955.