sind bank

Punjab and sind bank's recruitment for 1,000 Local Bank Officer posts closes today, April 20, 2026. Applicants need a graduation degree and 18 months of banking experience. The selection involves a written exam, interview, and local language test. Successful candidates will earn between Rs 48,480 and Rs 85,920, with additional benefits.

Punjab and sind bank LBO recruitment 2026: Punjab and sind bank has opened applications for 1000 Local Bank Officer posts under JMGS I across 17 states. The online process runs from March 31, 2026 to April 20, 2026. Candidates must hold a graduation degree and have 18 months of banking experience. Selection will be based on a written test, interview, and language assessment. The pay scale ranges from Rs 48,480 to Rs 85,920, with additional benefits and service conditions applicable.

In a shocking turn of events, a bank manager in Ghaziabad, Abhishek Sharma, 34, lost his life to violence stemming from a leave dispute with a security guard. This heartbreaking incident has left his family in ruins, particularly his pregnant wife and young daughter, who are now grappling with an unimaginable loss.

A Punjab & sind bank guard allegedly shot and killed the branch manager in Ghaziabad after a heated argument over leave and salary issues. The incident occurred in the manager's cabin in front of staff and customers. The accused, a former Army personnel, was later arrested after being found drinking.

City-based Punjab & sind bank on Tuesday said its board will meet on December 30 to consider a proposal for raising up to Rs 250 crore by various modes, including equity and bonds issuance, the bank said on Tuesday.

State-owned Punjab & sind bank (PSB) on Thursday said its board has given approval to raise equity capital worth Rs 4,600 crore by issuing preference shares to the government.

Punjab & sind bank on Monday reported a net loss of Rs 255.49 crore for the quarter ending December due to a spike in bad loans.

In a significant expansion effort, Punjab & sind bank has opened a brand new zonal office in Patna, Bihar, strategically positioned to manage its diverse portfolio of 43 branches across Bihar and Jharkhand. The inauguration was gracefully conducted by Executive Director Rajeeva at the prestigious Lala Lajpat Rai Bhawan.

Punjab and sind bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter, reducing government holding by 3-4%. The government currently holds a 98.25% stake. This fundraising will boost the capital adequacy ratio by March 2025. The bank's net profit surged to Rs 282 crore in Q3, 2024, as bad loans declined.

Punjab and sind bank has released the admit card for the Local Bank Officer (LBO) recruitment 2025 on its official website. Candidates can download the admit card by entering their registration details. The recruitment includes 750 vacancies, with the exam scheduled for October 5, 2025. The selection process consists of a written exam, interview, local language test, and document verification. Applicants must carry the admit card to the exam centre without fail.

New Delhi, Aug 9 () State-owned Punjab and sind bank (PSB) has registered a fall of 52.45 per cent in its net profit at Rs 25.37 crore for the first quarter to June of 2017-18 on account of surging bad loans. Net profit in April-June of 2016-17 stood at Rs 53.35 crore.

Punjab and sind bank recruitment 2025: Punjab and sind bank has released a recruitment notification for 190 MMGS-II posts, including Credit Manager and Agriculture Manager roles. The online application process commenced on September 19, 2025, and will conclude on October 10, 2025. Eligible candidates can apply via punjabandsind.bank.in. The selection process includes professional preference for qualifications such as CA, CMA, CFA, or MBA (Finance). Appointed candidates will receive a monthly salary between Rs 64,820 and Rs 93,960.

Punjab & sind bank on Saturday said its net profit for the first quarter of 2015-16 more than doubled to Rs 43.16 crore from a year ago.

Public sector lender Punjab & sind bank on Saturday reported a 25 per cent decline in net profit to Rs 153 crore for the June 2023 quarter, partly due to the provision of wage revision and fresh slippages. The lender had reported a net profit of Rs 205 crore in the April-June quarter of 2022-23. The total income increased to Rs 2,494 crore in the first quarter of 2023-24 against Rs 1,915 crore a year ago, as per a regulatory filing.

Newly elected Rajya Sabha member from Punjab Vikramjit Singh Sahney said on Wednesday a Sikh should have been appointed as chairman-cum-managing director of Punjab and sind bank (PSB) as agreed by the central government in April, 1980.

The Banks Board Bureau, the body which selects chief executives for financial entities in the public sector, has identified managing directors for four lenders – Union Bank of India, Indian Overseas Bank, Punjab & sind bank and State Bank of India.

Delhi-headquartered Punjab & sind bank has sought fresh capital infusion of Rs 900 crore from the government to push its business.

A local court on Tuesday framed charges against a city-based businessman and two officials of Punjab and sind bank for allegedly causing Rs 3.5 crore loss to the bank.

New Delhi, Aug 9 () State-owned Punjab and sind bank (PSB) has registered a fall of 52.45 per cent in its net profit at Rs 25.37 crore for the first quarter to June of 2017-18 on account of surging bad loans. Net profit in April-June of 2016-17 stood at Rs 53.35 crore.

Finance minister Nirmala Sitharaman on Monday said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms. For the current financial year also, the government had made a provision of Rs 20,000 crore for recapitalisation.

Punjab and sind bank pipped Namdharis XI 3-2 in a closely-fought match of the ONGC-Nehru hockey tournament at the National Stadium on Tuesday.

Punjab & sind bank executive director Mukesh Kumar Jain tipped to be moving to Kolkata as the new chairman and managing director of United Bank of India.

Railway Sports Promotion Board (RSPB) on Sunday beat Punjab and sind bank in the shoot-out to retain their crown for the third consecutive year at the Hockey India Senior National Hockey Championship 2017 (Men) 'A' Division.

In the multi-crore bank fraud at the Punjab and sind bank in Sector 24, “Know Your Customer” (KYC)’, a mandatory provision for every bank while sanctioning loans to any customer or client, was completely ignored while sanctioning around 131 bank loans to the tune of Rs 20 crore.

Punjab & sind bank has raised Rs 3,000 crore through its first-ever infrastructure bonds issuance, exceeding the base issue size by six times. The 10-year bonds, priced at a 7.74% coupon rate, attracted Rs 6,031 crore in bids. The bank will list the bonds on NSE and allocate them to investors on Friday.