PSU Bank is designated by the Ministry of Finance as the official liquidator for thirty-two bank failures


Punjab National Bank(PNB) is designated by the Ministry of Finance as the official liquidator for thirty-two bank failures. The central government has designated the Punjab National Bank (PNB) as the designated liquidator for thirty-two bankrupt institutions. According to the Ministry of Finance's official notification dated June 3, 2025, which was issued in accordance with Section 39 of the Banking Regulation Act, 1949 (10 of 1949), the Central Government is stating that Punjab National Bank is qualified to serve as the official liquidator in the following banking companies' winding-up proceedings before the Calcutta High Court.


The List of banks is as follows:

1. Associated Bank of Tripura

2. Bank of Calcutta Ltd.

3. Beleghata Bank Ltd.

4. Bengal Bank Ltd.

5. Berhampore Bank Ltd.

6. Bishnupur Bank Ltd.

7. Calcutta Commercial Bank Ltd.

8. Calcutta Industrial Bank Ltd.

9. Calcutta National Bank Ltd.

10. Central Calcutta Bank Ltd.

11. Comrade Bank Ltd.

12. East Bengal Commercial Bank Ltd.

13. Eastern Traders Bank Ltd.

14. Economic Bank Ltd.

15. Girish Bank Ltd.

16. Hazradi Bank Ltd.

17. Kuver Bank Ltd.

18. Lakshmi Industrial Bank Ltd.

19. Mercantile Exchange Bank Ltd.

20. Nath Bank Ltd.

21. National Economic Bank Ltd.

22. Noakhali Union Bank Ltd.

23. Northern Bank Ltd.

24. Pacific Bank Ltd.

25. People’s Credit Bank Ltd.

26. Pioneer Bank Ltd.

27. Pioneer Commercial Bank Ltd.

28. Sonar Bangla Bank Ltd.

29. Sree Bank Ltd.

30. Sterling Bank Ltd.

31. Subarban Bank Ltd.

32. Tripura Modern Bank Ltd.

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