Punjab & Sind Bank - Company Profile
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Punjab & Sind Bank (PSB) is a financial institution primarily providing banking services. The bank's main activities include offering a range of financial products and services such as operative accounts, term deposits, government schemes, retail loans, and international banking. PSB provides digital banking and digital loans, serving the evolving needs of its customers. The bank serves a diverse customer base across various industries, including individuals, businesses, and government entities. It utilizes both physical branches and digital platforms to reach its customers, offering services such as online tax payment, Aadhar seeding, and digital loan applications. PSB is headquartered in New Delhi, India.
Punjab & Sind Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cards: | NRI Services | Punjab & Sind Bank |
| Debit | Internet Banking | |
| Credit | Forex Treasury | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in Semi-Urban & Rural Areas |
| 2024 | Research Grant | Punjab & Sind Bank to Fund Futuristic Farm Project at Punjab Agricultural University |
| 2022 | Contracts/Agreements | In October, the company entered into an agreement with IIFL Home Finance Limited and Capri Global Capital Limited to offer financing solutions to MSMEs and Home loan borrowers. |
Competitor Comparison
| Key Parameters | Punjab & Sind Bank | Bank of Baroda | Punjab National Bank | Union Bank of India | Bank of India |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Baroda | New Delhi | Mumbai | Mumbai |
| State/Province | Delhi | Gujarat | Delhi | Maharashtra | Maharashtra |
| No. of Employees | 8,735 | 75,008 | 102,746 | 73,945 | 50,564 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Swarup Kumar Saha | Chief Executive Officer; Managing Director; Director | Executive Board | 2022 | - |
| Arnab Goswami | Chief Financial Officer | Senior Management | 2024 | - |
| Ravi Gupta | Chief Compliance Officer | Senior Management | 2024 | - |
| Arun Agarwal | Chief Vigilance Officer | Senior Management | 2022 | - |
| Charan Singh | Chairman | Non Executive Board | 2022 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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