sind bank type public industry banking financial services founded 24 june 1908 ; 108 years ago 1908 06 24 headquarters rajendra place new delhi india key people s.jatinderbir singh ceo & md. m.k.jain e.d. a.k. jain e.d. products finance forex retail banking total assets rs . 97 753.40 crore 31.03.2015 rs . 94 509.15 crore 31.03.2014 owner government of india number of employees 11000 april 2016 website https www.psbindia.com punjab & sind bank hindi is a government owned bank 79.62 % with headquarters in new delhi . of its 1466 branches spread throughout india 623 branches are in punjab state . its net profit is rs . 121.35 crores and net npa is 3.55 % for the year ending 2014 15 . 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 . 1 contents 1 history 2 products 3 financial performance 4 see also 5 references 6 external links history edit on 24 june 1908 bhai vir singh sir sunder singh majitha and sardar tarlochan singh established punjab & sind bank . 2 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 . setluj gramin bank is a regional rural bank sponsored by punjab & sind bank . products edit debit card atm internet banking mobile banking sms banking financial performance edit particulars fy 2014 15 fy 2013 14 a deposits inr crores 86 714.71 84 730.16 b advances inr crores 64 796.42 57 857.74 c total business a b inr crores 1 51 511 1 42 588 d total assets inr crores 97 753.40 94 509.15 e operating profit inr crores 775.45 800.54 f net profit inr crores 121.35 300.63 g business employee inr crores 15.95 15.31 h net interest margin nim % 1.80 1.88 i return on assets % 0.13 0.35 j gross npas % 4.76 4.41 k net npas % 3.55 3.35 l total branches 1456 1330 m total atm s 1268 1008 see also edit indian banking list of banks in india references edit https www.psbindia.com downloads pr 12.05.20150002.pdf https www.psbindia.com history1.php external links edit punjab & sind bank official website retrieved from https en.wikipedia.org w index.php title punjab % 26 sind bank & oldid 743196980 categories banks of indiabanks established in 1908government owned banks of indiacompanies based in new delhihidden categories use dmy dates from october 2015use indian english from june 2016all wikipedia articles written in indian englishpages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 8 october 2016 at 12 20 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view