Punjab and Sind Bank: Learn Key points using Mind Map

Introduction:

  • Punjab and Sind Bank is one of the public sector Banks in India. 
  • On 24 June 1908, Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh established Punjab & Sind Bank. 
  • On 15 April 1980 Punjab & Sind Bank was nationalized by the government of India. 

Key Points

  • Tagline : where service is a way of life 
  • Headquarter : New Delhi, India. 
  • Founded on : 24 June 1908 
  • Founders : Bhai Vir Singh, Sir Sunder Singh Majitha, Sardar Tarlochan Singh 
  • CEO and MD : S.Jatinderbir Singh 

Schemes Launched Recently

  • PSB Kisan Suvida Scheme 
  • PPF and senior citizen saving scheme 
  • Doctors special loan scheme 
  • Sukhmoney scheme for senior citizens 
  • SB overdraft scheme 
  • Commercial vehicle scheme 

Sponsored Regional Rural Bank (RRB):

Sutlej Gramin Bank

Award Received Recently:

Award of Excellence for outstanding performance in MSME funding (2016).
The award was given by Kalraj Mishra, Union Minister for Micro, Small & Medium Enterprises.

Smart Prep Kit for Banking Exams by Ramandeep Singh - Download here


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