About Punjab & Sind Bank

Punjab & Sind Bank, a government-owned entity, has a long-standing history as a major banking player in India. Founded with a vision to provide affordable financial services to a large base of customers, it has grown to serve a wide demographic. The bank operates primarily within India, offering a range of financial products and services, including retail banking, corporate banking, and treasury services. Over the years, the bank has expanded its geographical presence, with numerous branches across the country.

The bank’s key milestones include its establishment under the Government of India Undertaking and significant achievements in expanding its services across urban and rural regions. It remains focused on leveraging digital technologies to enhance customer service, financial inclusion, and sustainability.

Punjab & Sind Bank Business Segments

The bank operates in several segments:

• Retail Banking: Serving individual customers with savings accounts, loans, and other personal financial products.

• Corporate Banking: Providing financial solutions to businesses, including working capital loans, term loans, and trade finance.

• Treasury Services: Managing the bank’s financial assets, liabilities, and investments to maximize returns.

Punjab & Sind Bank Key Management

• Sh. Swarup Kumar Saha – Managing Director & Chief Executive Officer

• Sh. Rajeeva – Executive Director

• Sh. Vivek Srivastava – RBI Nominee Director

Latest Updates on Punjab & Sind Bank

• Expansion of regional footprints with the opening of four new zonal offices in Agra, Patna, Varanasi, and Moga.

• Strengthening the customer grievances redressal system.

• Continued upgrades to its digital offerings, particularly the PSB UnlC mobile app, to cater to evolving customer needs.

Strategic partnerships with fintech companies and NBFCs to enhance its service offerings.