Punjab & Sind Bank is a public sector bank in India. The bank was founded in the year 1908 at Amritsar in Punjab by Sikh philanthropists. It was established with the vision to uplift economically weaker sections, particularly in Punjab and Sind regions, and provide banking services to farmers, merchants and common people. Punjab & Sind Bank was nationalised by the Government of India in the year 1980. Currently, the Government of India holds 93.85% stakes in the bank.
| Particular | Details |
| Bank Name | Punjab & Sind Bank |
| Type | Public Sector |
| Founded | 24th June 1908 |
| Founder | Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh |
| Headquarters | New Delhi, India |
| MD & CEO | Swarup Kumar Saha |
| Chairman | Charan Singh |
| Regulator | RBI |
| Services | Personal Banking, Corporate Banking, MSME Banking and more |
| Branch Network | 1,817 |
| Customer Base | 1.4 crore |
| Total Deposits | INR 1.39 lakh crore |
| Total Advances | INR 1.10 lakh crore |
| CASA Ratio | 31.02% |
| Bank Type Focus | Priority sector lending, Government-linked schemes |
| Official Website | www.punjabandsind.bank.in |
Net Worth and Market Cap
Net Worth of Punjab & Sind Bank was approximately INR 13,354.76 crore in early 2025. The market capitalisation of the bank is currently at INR 19,101.31 crore.
Corporate Leadership
Swarup Kumar Saha is serving as the Managing Director and CEO of Punjab & Sind Bank since June 2022. Charan Singh is the Non-Executive Chairman, while Ravi Mehra and Rajeeva are Executive Directors of the bank.
Key Banking Products and Services
Punjab & Sind Bank provides a wide range of banking products and services. It caters to a number of customer segments, such as retail customers, salaried individuals, senior citizens, corporate clients, MSMEs, agriculture and more. The bank puts emphasis on inclusive banking, government-linked schemes and digital innovations.
The bank offers multiple kinds of savings accounts like standard, salary and specialised variants for different segments, along with current accounts for professionals and businesses. A host of loan products are also offered to retail clients. These include home loans like Apna Ghar Premium, vehicle loans like Apna Vahan, education loans like Skill Education Loan and personal loans.
Corporate offerings include operative accounts, trade finance and advances. MSME and priority sector lending products include cash flow based-lending and instant digital loans. Digital banking services include PSB UniC, a unified digital platform for internet and mobile banking, alongside video KYC, POS terminals and digital approvals for certain loans.
Distribution Network
Punjab & Sind Bank is headquartered in New Delhi, India. It has a network of 1,817 branches across India, as of June 2025. 635 of these branches are located in Punjab. In addition, the bank has 25 zonal offices all over India.
