Punjab & Sind Bank: Celebrating 118 Years of Legacy, Progress and People-Centric Banking
Jun 25th, 2025 12:57 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
(THE NEWSMAN OF INDIA.COM) Punjab & Sind Bank, one of India’s oldest and most trusted financial institutions, marked its 118ᵗʰ Foundation Day with heartfelt celebrations across all its zones. This milestone was not just a tribute to the bank’s storied past, but a moment to acknowledge its unwavering commitment to customers, community, and country.
Founded in 1908 by visionary leaders Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh, the bank was born out of a deep sense of social purpose—to empower the economically weaker sections and promote inclusive financial growth. Over more than a century, Punjab & Sind Bank has remained firmly rooted in its founding mission: “Sarva Jana Hitai, Sarva Jana Sukhai” – for the welfare and happiness of all.
Headquartered in New Delhi, Punjab & Sind Bank today stands tall as a public sector bank with a nationwide footprint. With 1559 branches and a dedicated workforce of over 10,000 employees, the bank continues to evolve as a forward-looking, customer-first institution. From retail banking to digital transformation, it offers a comprehensive suite of services tailored to diverse customer segments.
On the occasion of the Foundation Day, MD & CEO Swarup Kumar Saha addressed the extended PSB family with a message that echoed pride in the past and optimism for the future. Reflecting on the bank’s remarkable journey, he emphasized its role as a people-centric institution—one that has not only adapted to change but also led with integrity, service, and technological innovation.
Under Saha’s leadership, Punjab & Sind Bank has made notable strides in financial performance, digital banking, customer service enhancement, and risk management. His vision has guided the bank to remain resilient in a dynamic financial landscape while focusing on sustainable growth and financial inclusion.
As the bank celebrates 118 years of service, it is also celebrating the smiles of millions of customers, the trust of generations, and the dedication of its employees. Each zone marked the day with local celebrations that highlighted the spirit of service, community engagement, and employee pride.
Punjab & Sind Bank is not just a financial institution—it is a living legacy that continues to shape the future of Indian banking by staying true to its values and embracing progress with purpose.