The bank's operating
profit for the year ending 2014-15 is Rs. 775.45 crores. Total business
of the bank was Rs. 1,51,511 crores for the year ending 2014-15 and
Business per employee is Rs. 15.95 crore. The net worth of the bank as
on 31.03.15 is Rs. 4812 crore.
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 among six banks that
the Government of India nationalised in the second wave of
nationalisations. (The first wave had been in 1969 when the government
nationalised the top 14 banks.)
In the 1960s Punjab & Sind Bank established a branch in London. In 1991 Bank of Baroda acquired Punjab & Sind Bank's London branch at the behest of the Reserve Bank of India following Punjab & Sind's involvement in the Sethia fraud in 1987.
Since 2004 Punjab & Sind has shown growth of over 40% year on
year, and its recent IPO was oversubscribed by more than 50 times.
Recently the bank crossed a mark of Rs 1 lac crore in business.Sutlej Gramin Bank is a Regional Rural Bank sponsored by Punjab & Sind Bank. (Informations courtesy wikipedia)
Punjab and Sind Bank Recruitment
Name of Posts:
Chief Financial Officer Deputy General Manager: 1
Chief Risk Officer Deputy General Manager: 1
Deputy General Manager Credit: 1
Assistant General Manager Law: 1
Assistant General Manager Industrial Relations: 1
Chief Manager Economic Research: 1
Manager Law: 20 Posts
Last Date: August 9, 2018.
More details and official notification, Please log on to official page of Recruitment below:
https://www.psbindia.com/content/recuitment
