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Punjab & Sind Bank logo

Punjab & Sind Bank

NSE: PSB BSE: 533295

₹27.85

(2.20)%

Sat, 31 Jan 2026, 03:21 pm

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punjabsind bank History

1908

  • The Bank was incorporated as The Punjab and Sind Bank Limited on June 24.

1980

  • The Bank was nationalized on April 15.
  • The Bank was constituted as a corresponding new bank on April 15.

2000

  • Punjab and Sind Bank launched its bullion trading scheme.
  • Punjab and Sind Bank was appointed as arranger and collecting banker for State Bank of India's India Millennium Deposit scheme.

2001

  • NS Gujaral was appointed as the chairman and managing director of Punjab & Sind Bank.

2003

  • Punjab and Sind Bank launched a special festival loan scheme.

2004

  • Punjab and Sind Bank appointed Mr. V K Chopra as CMD.
  • Punjab and Sind Bank appointed R S Gujral as new chairman.
  • Punjab and Sind Bank and ICICI Bank launched a co-branded credit card.
  • Punjab and Sind Bank tied up with Aviva Life.

2010

  • Punjab and Sind Bank inked a pact with Wipro for a 10-year contract for comprehensive IT outsourcing services.

2011

  • Punjab and Sind Bank tied up with HCL for Financial Inclusion.
  • Punjab and Sind Bank recommended a dividend of Rs. 2 per equity share of Rs. 10 each.

2012

  • Punjab and Sind Bank recommended a dividend of Rs. 2 per equity share of Rs. 10 each.

2013

  • Punjab and Sind Bank recommended a dividend of Rs. 2.68 per equity share of Rs. 10 each.

2014

  • Punjab and Sind Bank recommended a dividend of Rs. 0.60 per equity share of Rs. 10 each.

2015

  • Punjab and Sind Bank authorised Key Managerial Personnel to determine materiality of events or information.

2019

  • Punjab & Sind Bank amalgamated Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank.

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