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Punjab & Sind Bank News

Punjab & Sind Bank

02 May 2023

Punjab & Sind Bank Q4 Net Profit Up 32% At Rs 457 Crore

The bank's profit stood at Rs 346 crore in the January-March quarter of 2021-22.

Punjab & Sind Bank

29 Jan 2023

Punjab & Sind Bank Aims at Rs 500 Crore Recovery From NPAs in Q4: MD

Aided by a reduction in bad loans, recovery from them and healthy growth in interest spread, the bank aims to maintain its profit growth during the financial year ending March 2023.

Reserve Bank of India

04 Jun 2022

RBI slaps penalty on Punjab and Sind Bank: 5 things customers should know

RBI’s “action is based on the deficiencies in regulatory compliance". The decision is "not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.” RBI has also issued a show cause notice to the bank.

31 Mar 2020

Banks grant 3-month moratorium to customers on payment of EMI, interest

Leading banks like Indian Overseas Bank, Indian Bank, UCO Bank, Canara Bank, Punjab & Sind Bank, Syndicate Bank and the IDBI Bank took to Twitter to inform their customers that have provided a three-month moratorium on payment of EMIs, interest on loans. terms loans etc.

12 Oct 2019

Fugitive diamantaire Mehul Choksi cheated Punjab & Sind Bank of Rs 44 crore

The New Delhi-based PSB has issued notices proclaiming him as a "willful defaulter" who owes the bank the amount for which it has initiated recovery proceedings against him.

Punjab & Sind Bank

06 Feb 2015

Punjab & Sind Bank profit down 42% at Rs 58 crore

However, operating profit of the bank declined to Rs 161.29 crore as against Rs 190 crore in the year-ago period.

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