IPO Infrastructure - Punjab & Sind Bank by FairWealth Research

Bank ATMsWide Distribution Network and Infrastructure Punjab & Sind bank delivers product and services through a wide variety of distribution channel ranging from bank branches and ATMs. Bank has enviable branch network across India, with a presence predominantly in North India, a region which is rich in resources an offer great North and opportunity for resource mobilization. At present, bank's distribution network comprises 933 branches and 73 ATMs across India. Out of theses 933 branches, PSB has 49 specialised branches including specialised agriculture branches, personal banking branches micro, branches, small & medium enterprises (MSMEs) branches and one locker branch to cater to customers.

Value Configuration Punjab & Sind Bank operates in highly automated environment in term of information technology and communication system. Bank is planning to alter their all branches in Core Banking Solution (CBS) system which enables the bank to offer speedy funds transfer facilities to its customers. Multi-branch access is also providing to retail through the branch network and Automated Tailor Machine (ATM).

Revenue Stream Bank is a financial institution licensed by Govt. Its primary activities include borrowing and lending money. Bank is an important player in financial market and offers financial services such as investment fund, insurance, forex, debit & credit card, NRI account & deposits. Punjab & Sind Bank provides loan in terms of retail banking and corporate banking. In retail banking, bank provides loans and advances to housing, trade, automobiles, consumer durables, education and personal loan. Bank provides commercial banking products and services to corporate customers, including mid-sized and small businesses and government sized entities.

Streamlined Risk Management Control Punjab & Sind Bank has a separate Risk Management Department to formulate and implement credit risk evaluation and risk management policies, procedures and methodologies appropriate to the business within each division and to ensure that the business conducted within each division is consistent with bank's risk appetite, with a focus on enhancing asset quality. Bank periodically conduct audit to ensure that the risk on the portfolios are within acceptable parameters.