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.