PNB Gilts Celebrates 30 Years of Excellence in India’s Debt Market
PNB Gilts Marks 30 Years of Leadership in India's Debt Market
New Delhi | July 3, 2026: PNB Gilts Limited, a standalone Primary Dealer and subsidiary of Punjab National Bank (PNB), celebrated its 30th Foundation Day, marking three decades of excellence in India’s debt market. Since its establishment in 1996, the company has played a vital role in strengthening the Government securities market while supporting the country’s fixed-income ecosystem through innovation, expertise, and financial discipline.
A Three-Decade Journey of Growth and Market Leadership
The PNB Gilts 30th Foundation Day celebration brought together senior leadership, Board members, employees, and distinguished guests. The event was attended by Shri Ashok Chandra, MD & CEO of Punjab National Bank, and Shri Pareed Sunil, MD & CEO of PNB Gilts.
Over the last 30 years, PNB Gilts has built a strong reputation in Government securities, treasury solutions, market making, underwriting, and Debt Capital Market (DCM) services. As a result, the company has become one of India’s leading Primary Dealers.
Strong Financial Performance Highlights
Key Achievements of PNB Gilts
PNB Gilts has delivered consistent financial growth over the years. Some of its major achievements include:
- Net worth of approximately ₹1,700 crore
- Ranked among the Top 10 companies in India’s Debt Capital Market (DCM) business
- Successfully completed 25 years of listing on Indian stock exchanges
- Achieved nearly 13% CAGR in long-term Net Owned Funds between FY1997 and FY2026
These milestones reflect the company’s disciplined financial strategy and long-term value creation.
PNB Leadership Highlights Company’s Contribution
Speaking during the PNB Gilts 30th Foundation Day celebrations, Shri Ashok Chandra, Managing Director and CEO of Punjab National Bank, praised the company’s remarkable journey.
He said that PNB Gilts has consistently demonstrated excellence, resilience, and customer-centricity throughout its 30-year history. He also noted that the company has played a significant role in developing India’s Government securities market while strengthening the country’s financial ecosystem.
According to him, the company continues to create long-term value by embracing innovation, maintaining strong corporate governance, and following prudent risk management practices.
Technology, Innovation and Sustainability Drive Future Growth
Over the years, PNB Gilts has expanded its business by investing heavily in technology and digital transformation. The company has also strengthened its risk management framework and promoted sustainability initiatives across its operations.
These strategic investments have helped improve operational efficiency while enhancing customer experience. Going forward, the company aims to continue supporting India’s growing debt market with innovative financial solutions.
Future Outlook for PNB Gilts
As India’s financial markets continue to evolve, PNB Gilts remains well-positioned to support the Government securities market and the broader debt capital market. With strong financial fundamentals, experienced leadership, and a technology-driven approach, the company is expected to play an even bigger role in the country’s capital market growth.
The PNB Gilts 30th Foundation Day marks an important milestone in the company’s journey. Over the past three decades, it has emerged as a trusted institution in India’s debt market by delivering consistent performance, adopting innovation, and maintaining financial discipline. As it enters its next phase of growth, PNB Gilts is set to continue contributing to India’s evolving financial landscape.
