PNB Investment Services Limited (PNBISL) a new wholly owned subsidiary of PNB. PNBISL is registered with SEBI as a Category- I Merchant Banker to handle all major Merchant Banking Services PNBISL has well qualified and experienced professionals (drawn from PNB and from erstwhile PNB Caps) for Project Appraisal, Loan Syndication, Placement of Debts/Equity, Holding IPO/FPO and QIP. PNBISL enjoys excellent relationships with Institutional Investors and other Intermediaries of Capital Market. In addition, on account of large network of 4700 branches and more than 4 crores customers, our reach amongst retail and HNI investors is very effective.