The term Banque is derived from the French word "Banco" which means bank or exchange desk. In the past, money lenders or money changers in Europe displayed (displayed) coins from divergent countries in large piles (quantities) on benches or tables for the purpose of lending or exchanging. A bank is an authorized financial institution that accepts cheque, savings deposits and makes loans to customers. A bank branch is the physical location of a banking company, such as Chase, Bank of America, or Wells Fargo. These buildings are technically called "brick and mortar" branches and provide direct service to the bank's customers. Branches often include mortgage agents, financial advisors, and other professionals that modern online banking cannot currently provide.  Corporate governance is the system for managing and controlling the company. Boards of Directors are responsible for the corporate governance. The role of shareholders in corporate governance is to appoint directors, corporate auditors and establish an appropriate corporate governance system. Key functions include deposit receipt, lending advance, cash, credit, overdraft and bill discounting. Secondary functions include issuing letters of credit, safekeeping of valuables, issuing consumer credits, student loans, and more.

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Keywords: Banking, Branch System, Banking Structure , Corporate Governance, Branch Manager, Assistant Manager, Branch Operation Manager (BOM) , Head Teller, Teller 1, Teller 2, Relationship Manager, Benefits of Branch System, Punjab National Bank and Local Branch Network of PNB India.