What we do Punjab & Sind Bank is a leading public sector bank in Northern India offering diverse banking services including retail, corporate, priority sector, and digital banking. |
Founded in 1,908 |
Market share Prominent public sector bank with strong footprint in Northern India, focusing on inclusive growth and banking services expansion. |
Problem solved Provides financial inclusion, accessible credit, and varied banking products addressing individual, corporate, and priority sector needs. |
Top clients or who we serve Serves individuals, MSMEs, corporates, farmers, government entities across India, primarily B2C and B2B segments. |
Key management - |
Our journey and innovations Founded in 1908; nationalized in 1980; pioneered digital loans; expanded MSME & priority sector banking; launched various digital products for inclusive finance. |
Where we operate Branch network primarily in Northern India with presence across India totaling 1610 branches and 1033 ATMs as of 2025. |
Top products or what we offer Comprehensive offerings in retail loans, corporate banking, priority sector advances, treasury operations, and digital banking solutions. |
Top brands PSB UniC App - digital banking platform; PSB e-Apna Ghar - digital home loans; PSB e-Apna Vahan - vehicle loans; PSB Green Earth Deposit Scheme. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from interest income (recurring) supplemented by fee-based non-interest income. |
Our industry position Maintains strong capital adequacy, improving asset quality with low NPAs, recognized among best small banks in India. |
Financial highlights FY 2024-25 revenue ₹11,481 crore; net profit ₹1,015 crore; business size ₹2,29,379 crore; deposits ₹1,29,774 crore; advances ₹99,605 crore. |
Geographical revenue split Revenue predominantly from Northern India with expanding presence in other regions via 1610 branches nationwide. |
Order book - |
Whats driving growth Growth driven by digital lending, expansion in retail and MSME segments, increased deposits, and government priority sector lending mandates. |
Our future plans Plans to increase branch network, strengthen digital banking, enhance MSME financing, and launch new customer-centric products. |
Our green promise Committed to green financing, sustainable investments, and reducing carbon footprint through renewable energy funding and green deposit schemes. |
Our people and values Diverse workforce with ongoing training; focus on financial literacy, inclusion, and employee skill development. |
Key challenges ahead Managing asset quality, increasing competition, margin pressure, and adapting to evolving technology and regulatory changes. |
Interesting facts Ranked top small bank in India (2008); launched paperless digital loan journeys; strong government ownership at 98.25%. |
Risks and strategy Risk mitigation via robust recovery mechanisms, digital transformation, compliance culture, and capital adequacy maintenance. |
