COMPANY PROFILE Punjab & Sind Bank is a GoI undertaking, incorporated in June 1908 in Amritsar. Bank was one of the six banks nationalized by the Government of India in April 1980, and today, the Bank is one of 19 nationalized banks in India. In over 100 years of operation, Punjab and Sind Bank has significantly grown our branch network with a presence predominantly in north India. As on Sept 30, 2010, Bank's network comprised of 933 branches and 73 ATMs across India.

Punjab and Sind Bank also sponsor one regional rural bank, Sutlej Gramin Bank, in collaboration with the GoI and the state Government of Punjab. As on July 31, 2010, Bank had 8,116 employees, serving over 0.60cr customers. Bank's primary business is taking deposits and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury banking and other banking operating such as agency function for insurance, distribution of mutual fund and pension and tax collection services.

Bank has various deposits product such as current, saving and term deposits for our customers. Bank also provides credit substitutes such as letter of credit, and guarantee. PSB is also engaged in syndication of loans provided by other financial institutions and other fee based services such as cash management and remittance services. In the priority sector, bank offers direct financing to farmer for production, as well as indirect financing for infrastructure development and credit to suppliers of agricultural inputs.