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PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Interest Rates Updates

 We hereby inform that as per the Guidelines of Reserve Bank of India, our Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 16.06.2021 S.No. Tenor MCLR (%) w.e.f. 16.06.2021 1. Overnight MCLR 7.10 2. One month MCLR 7.15 3. Three month MCLR 7.25 4. Six month MCLR 7.40 5. One Year MCLR 7.60 We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
16-06-2021
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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 This is in continuation to our letter dated 11.06.2021 wherein it was informed that the Eleventh Annual General Meeting of the Bank will be held on 20.07.2021. In this regard, Bank has also published the notice in the newspapers. Accordingly, a copy of notice of Eleventh Annual General Meeting published in Financial Express (English newspaper) and Jansatta (Hindi newspaper) on 12.06.2021 is forwarded for your reference. You are requested to take a note of the same.
14-06-2021
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Punjab & Sind Bank - 533295 - Annual General Meeting On 20.07.2021

 The Register of Shareholders and the Share Transfer Books of the Bank will remain closed from Wednesday, 14.07.2021 to Tuesday, 20.07.2021(both days inclusive) for the purpose of the Annual General Meeting.
11-06-2021
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Punjab & Sind Bank - 533295 - Annual General Meeting/Closure Of Transfer Books

 We are pleased to inform that the Eleventh Annual General Meeting of Shareholders of Punjab & Sind Bank will be held through Video Conferencing (VC) / or Other Audio Visual Means (OAVM) on Tuesday, the 20th July, 2021 at 11.00 a.m. in compliance of the applicable provisions of SEBI (LODR) Regulations, 2015 read with the applicable MCA and SEBI Circulars issued in this regard. The deemed venue for the AGM shall be the Head Office of the Bank. The remote e-voting will commence at 10:00 a.m. on Friday, 16th July, 2021 and end at 5.00 p.m. on Monday, 19th July, 2021. Further, the Register of Shareholders and the Share Transfer Books of the Bank will remain closed from Wednesday, 14.07.2021 to Tuesday, 20.07.2021(both days inclusive) for the purpose of the Annual General Meeting. Detailed notice for Annual General Meeting will be made available on Bank's Website www.psbindia.com.in due course
11-06-2021

Punjab & Sind Bank shares close over 4% higher after Q4 profit

 Shares of Punjab & Sind Bank on Monday closed over 4 per cent higher as the company turned profitable in the fourth quarter of the financial year 2020-21 after eight consecutive quarters of losses. The stock rallied 7.33 per cent to Rs 21.95 during the day on the BSE. It closed at Rs 21.35, a gain of 4.40 per cent. On the NSE, it jumped 3.16 per cent to close at Rs 21.20. The state-run bank turned profitable in the fourth quarter of the financial year 2020-21 after eight consecutive quarters of losses, posting a profit after tax of Rs 161 crore on the back of improvement in recoveries and decline in bad loans. The lender had registered a net loss of Rs 236.3 crore in the year-ago period. However, for the full year, its loss widened to Rs 2,732.9 crore as against Rs 990.8 crore in financial year 2019-20. "The profitability is due to our focussed monitoring and also on account of recoveries. Though it has been challenging times, we were able to make a reasonable amount of...
24-05-2021
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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Change in Directorate

 This is to inform the Exchange that as per Notification no. F.No.6/3/2017-BO-I dated 23.05.2018, Dr. Charan Singh was appointed as Part Time Non Official Director as well as Non Executive Chairman of Punjab & Sind Bank for a period of three years from the date of notification of his appointment, or until further orders, whichever is earlier. It is now informed that Dr Charan Singh, has demitted the charge of Part Time Non Official Director as well as Non Executive Chairman of the Bank, upon completion of his tenure on 22.05.2021. This is for your information & records.
24-05-2021
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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Audited Financial Results of the Bank for the Quarter (Q4)/ Year ended March 31, 2021 taken on record and adopted by the Board of Directors of the Bank, in its meeting held on 22.05.2021 were informed to Stock Exchanges. The results were published in Hindustan (Hindi edition) and Mint (English Edition) on 24.05.2021. We are enclosing a copy of newspapers herewith. This is for your information and records.
24-05-2021

Punjab & Sind Bank back in the black in after eight red quarters

 Confident of sustaining profits in each of the quarters this fiscal, says MD & CEO Krishnan
22-05-2021
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PUNJAB & SIND BANK - 533295 - Disclosure Of Related Party Transactions For The Half Year Ended 31.03.2021

 In Compliance with the Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed Disclosure of Related Party Transactions of the Bank on consolidated basis in the format specified in accordance with applicable accounting standards for the Half Year ended March 31, 2021.
22-05-2021
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Punjab & Sind Bank - 533295 - Disclosure Of Related Party Transactions For The Half Year Ended 31.03.2021

 In Compliance with the Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed Disclosure of Related Party Transactions of the Bank on consolidated basis in the format specified in accordance with applicable accounting standards for the Half Year ended March 31, 2021.
22-05-2021
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