DFS Secretary M. Nagaraju Presents APY Annual Award of Excellence to Swarup Kumar Saha-led Punjab & Sind Bank
May 20th, 2026 1:35 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
By THE NEWSMAN OF INDIA.COM| In a notable recognition of its unwavering commitment towards financial inclusion and social security, Punjab & Sind Bank was conferred the prestigious APY Annual Award of Excellence Achiever under the Atal Pension Yojana at a glittering ceremony held in New Delhi today. The award ceremony was organised by Pension Fund Regulatory and Development Authority (PFRDA), celebrating institutions that have demonstrated exceptional performance in expanding pension coverage and strengthening financial security among citizens.
The coveted award was presented by M. Nagaraju, Secretary, Department of Financial Services (DFS), Government of India, in the presence of senior banking and financial sector dignitaries. Receiving the honour on behalf of the bank was Swarup Kumar Saha, Managing Director and Chief Executive Officer of Punjab & Sind Bank, accompanied by General Manager (Financial Inclusion) Ashni Kumar.
The recognition underscores the bank’s remarkable efforts in promoting the Atal Pension Yojana (APY), one of the flagship social security initiatives of the Government of India aimed at ensuring income security for citizens, particularly those working in the unorganised sector. Through extensive outreach, customer awareness drives, and dedicated financial inclusion initiatives, Punjab & Sind Bank has played a pivotal role in encouraging wider participation in the pension scheme across urban as well as rural regions.
Speaking on the occasion, bank officials highlighted that the award reflects the institution’s larger vision of empowering citizens through accessible banking and sustainable financial planning. The achievement also reinforces the bank’s commitment to supporting national priorities focused on inclusive growth and economic empowerment.
The ceremony served as a platform to acknowledge the contribution of financial institutions that are actively helping build a financially secure and socially empowered India. Punjab & Sind Bank’s recognition under the Atal Pension Yojana stands as a testament to its continued efforts in securing a better tomorrow for every citizen through responsible and inclusive banking practices.































