Background

It was in the year 1908, when a humble idea to uplift the poorest of poor of the land culminated in the birth of   Punjab & Sind Bank  with the far-sighted vision of luminaries  like Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh. They enjoyed the highest respect with the people of Punjab.

The bank was founded on the principle of social commitment to help the weaker section of the society in their economic endeavours to raise their standard of life.

Decades have gone by, even today Punjab & Sind Bank stands committed to honor the social commitments of the founding fathers.
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The total business of the Bank stood at Rs.200525 Million as on March 31, 2004.

The bank earned a Net Profit of Rs.88.9 Million in the last fiscal.

We envision to emerge as a strong vibrant Bank through the implementation of effective Risk Management and Internal Control Systems through syncronization of the human, financial and technological resources. 

Corporate Mission

To put in place the effective Risk Management and Internal Control Systems.

To adopt and operationalise high-level technology standards.

To strive to achieve excellence in Customer Service.

To achieve the highest standards of transparency and accountability in the conduct of banking business.

To adopt professional approach in effectively managing financial as well as non-financial risks.

To maximize profitability and profits of the Bank with due compliance of prudential guidelines.

To maximize competitive risk adjusted return on capital, through planned reduction in the average cost of funds, increased yield on advances and investments besides reduction in cost of operations.