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  #1  
February 3rd, 2017, 11:44 AM
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About Punjab and Sind Bank History

Hi I am interested in having brief about the Punjab & Sind Bank as well as the key highlights of the progress of the PSB since the year 2000?
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  #2  
February 4th, 2017, 07:58 AM
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Join Date: Mar 2012
Re: About Punjab and Sind Bank History

Punjab and Sind Bank is a legislature possessed bank (79.62%), with base camp in New Delhi. Of its 1466 branches spread all through India, 623 branches are in Punjab state.

Its net benefit is Rs. 121.35 crores and net NPA is 3.55% for the year finishing 2014-15. The bank's working benefit for the year finishing 2014-15 is Rs. 775.45 crores.

Add up to business of the bank was Rs. 1,51,511 crores for the year finishing 2014-15 and Business for each worker is Rs. 15.95 crore. The total assets of the bank as on 31.03.15 is Rs. 4812 crore.

2000 - The Bank has propelled its bullion exchanging plan on persevering interest from North Indian brokers, especailly in perspective of the Diwali celebration season.

- The Bank has been named as arranger and gathering broker for State Bank of's India Millennium Deposit plot slated to open on October 21

2001 - NS Gujaral has been delegated as the executive and overseeing chief of the Delhi-based Punjab and Sind Bank.

2003

- The bank has propelled an uncommon celebration advance plan for meeting the use for things, for example, buy of purchaser merchandise or outfitting of house or shops

2004

- Mr. V K Chopra, CMD, Small Industries Development Bank of India, delegated as CMD of Punjab and Sind Bank

- P&SB selects new executive R S Gujral

- Punjab and Sind Bank (PSB) and ICICI Bank on July 02 declared the dispatch of co-marked Mastercard that will be accessible in three variations - Gold, Silver and Blue Mastercard

- Punjab and Sind Bank ties up with Aviva Life

2010 - Punjab and Sind Bank (PSB) has inked an agreement with Wipro, for a 10 year contract for far reaching IT outsourcing administrations for PSB.

2011 - Punjab and Sind BankTie-up with HCL for Financial Inclusion. - Punjab and Sind Bank has suggested a profit @ Rs.2/ - (Rupees Two just) per value share of Rs.10/ - each.

2012 - PSB has prescribed a profit @ Rs. 2/ - (Rupees Two Only) per value share of Rs. 10/ - each.

2013 - PSB has prescribed a profit @ Rs. 2.68 (Rupees two and paise sixty eight just) per value share of Rs. 10/ - each.

2014 - PSB has suggested a profit @ Rs. 0.60 (paise sixty just) per value share of Rs. 10/ - each .

2015 - Punjab and Sind Ban - Authorized KMPs to decide materiality of occasions/data


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