Punjab & Sind Bank is one of India’s smaller public sector banks — a nationalised bank headquartered in New Delhi, primarily serving Punjab, Haryana, and northern India. Founded in 1908 in Amritsar by Sikh community leaders including Bhai Vir Singh and Sir Sunder Singh Majithia, it was nationalised in 1980. Listed on BSE and NSE with the Government of India holding ~98% stake.
Punjab & Sind Bank — Key Facts (2026)
| Founded | 1908 — Amritsar, Punjab |
| Owner | Government of India ~98% |
| Listed | BSE: 533295 | NSE: PSB |
| Nationalised | 1980 |
| HQ | New Delhi |
Who Owns Punjab & Sind Bank?
Punjab & Sind Bank is owned by the Government of India with approximately 98% stake — making it one of the most government-concentrated PSU banks in India. Founded in 1908 by Sikh community leaders Bhai Vir Singh and Sir Sunder Singh Majithia, it was nationalised in 1980. It was NOT merged in the 2019-20 PSU bank consolidation. Official: punjabandsindbank.co.in.