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Punjab & Sind Bank informs about extension of term of service of executive director

19 Feb 2020 Evaluate

Punjab & Sind Bank has informed that Government of India, Ministry of Finance, Department of Financial Services, vide notification no. F.No.4/5/2016-BO-I dated 18.02.2020, in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 has extended the term of office of Dr. Fareed Ahmed, as Executive Director of Punjab & Sind Bank for a period beyond 16.02.2020 till the date of superannuation, 31.07.2020, or until further orders, whichever is earlier.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 980.80
PNB 116.20
Bank Of Baroda 234.90
Canara Bank 123.25
Union Bank Of India 176.90
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