Punjab & Sind Bank is reportedly eyeing to expand its presence in the eastern States of Bihar, West Bengal, and Jharkhand. Plans are afoot to open more branches in the region and focus on growing the retail business.
Punjab & Sind Bank’s primary business is taking deposits, and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.