P
Punjab & Sind Bank
Banks
₹ 28.64 -0.52 (-1.78%)
₹ 28.64 -0.52 (-1.78%)
- NSE
- BSE
Overview
- BSE Code 533295
- NSE Symbol PSB
- ISIN Demat INE608A01012
- Book Value (₹) 17.32
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 22,897.45
- P/E (TTM) 22.57
- EPS (TTM) 1.43
- Div Yield (%) 0.22
Performance
Today’s Low 28.53
Today’s High 29.39
52W Low 25.22
52W High 68.70
Open 29.12
Prev. Close 29.16
Volume 18,77,532.00
Corporate Actions
Punjab & Sind Bank - Analysts/Institutional Investor Meet/Con. Call Updates
Apr 27, 2025Punjab & Sind Bank has informed the Exchange about Schedule of meet
About Punjab & Sind Bank
History
In April 1980, the Bank was one of the 6 banks nationalised by the Indian government. The name was changed to Punjab & Sind Bank. On March 22, 1986, the Bank established the Sutlej Gramin Bank as a Regional Rural Bank in Punjab. In July 2004, the Bank collaborated with ICICI Bank Ltd to launch the 'Punjab & Sind Bank-ICICI Bank Credit Card'. The bank made a special tie-up arrangement for a non-life insurance business with Bajaj Allianz General Insurance Company as well as life insurance business arrangements with Aviva Life Insurance Company India Pvt Ltd. Based on these agreements, they would provide their customers with all the insurance-related services under one roof. On June 24, 2010, the first CBS branch was rolled out. On February 24, 2010, the Bank signed a 10-year contract with the IT giant Wipro Ltd for comprehensive IT services for Punjab & Sind Bank. The bank was listed on December 30, 2010. As of March 31, 2023, the total branch network stood at 1531 branches and ATM network at 1097.Business Segments
As per their accounts, the bank has the following business segments:- Treasury- This segment primarily comprises returns or interest gains or losses from investment operations and foreign exchange trading activities. The primary expenses of the segment include interest expense on borrowed funds and other associated costs. In FY 2023, this segment brought in 26% of the total revenue.
- Corporate and Wholesale Banking- The corporate or wholesale banking segment caters to the lending needs of corporate clients. Revenues in this segment stem from interest earned on loans extended to corporate customers and fees derived from other banking services. In FY 2023, this segment brought in 34% of the total revenue.
- Retail Banking- The retail banking segment core priorityes on providing loans to non-corporate customers, as per RBI guidelines. In FY 2023, this segment brought in 39% of the total revenue.Digital Banking- Retail banking includes digital channels for retail operations and this sub-segment is commonly referred to as digital banking.Other Retail Banking- This comprises the traditional physical retail banking processes.
- Other Banking Operations- This segment encompasses income derived from non-traditional banking activities, such as debit cards, third-party product distribution, and associated costs.
Key Personnel
Mr Swarup Kumar Saha, MD & CEO Mr Saha assumed charge as MD and CEO of the bank on June 3, 2022. Before this, he was the executive director of Punjab National Bank since March 10, 2021. Mr Saha started his career in banking in the erstwhile Oriental Bank of Commerce in 1990 as a probationary officer. He has wide exposure in Human Resource Development, International Banking, Treasury, Credit, Risk Management, Organisation Restructuring and Board matters.Corporate Actions
The company has not seen any major corporate actions in recent years.| Founded | : 1908 |
| Managing Director | : Swarup Kumar Saha |
| Address | : 21 Bank House, Rajendra Palace, New Delhi, Maharashtra, 110008, |
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