Punjab & Sind Bank

[3] As of 31 March 2024,[update] the bank has 1570 branches, which are widely spread across India.

In the 1960s, Punjab & Sind Bank established a branch in London.

On 16 July 2019, Punjab & Sind Bank disclosed that it detected a fraud, worth ₹238 crore (US$27 million) by the Bhushan Power & Steel Limited.

[6] In FY 2019-20 Punjab & Sind Bank recorded a Net Loss of Rs.990.80 crore.

[7] The Capital Adequacy Ratio (Basel III) of the Bank is 12.76% as on 31.03.2020.

Punjab & Sind Bank founders group portrait. From left-to-right: Tarlochan Singh, Vir Singh , Sundar Singh Majithia