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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

 This is to inform that All India Bank Employees' Association (AIBEA) & Bank Employees Federation of India (BEFI) has given a notice to IBA calling for All India Bank Strike on 8th and 9th January, 2019. If the strike materialises, a certain section of the Bank's employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected. The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank's branches / offices.
05-01-2019
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Punjab & Sind Bank - 533295 - Updates: Statutory Central Auditors For The Year 2018-19.

 This is further to our intimation dated 28.12.2018, regarding Appointment/ Change in Statutory Central Auditors of our Bank. A brief profile of newly appointed Statutory Central Auditors is as under; 1. Suresh Chandra & Associates, New Delhi M/s Suresh Chandra & Co. is having its head office at New Delhi and has bank audit experience of 40 years and PSU Audit experience of 36 years. It is having two branches, one at Ahmadabad & other one in Mumbai. It is having 10 FCA partners, and 30 audit staff comprising of 3 ISA/ CISA qualified CAs. It has done Statutory Central Audit of five public sector banks viz. Corporation Bank, Oriental Bank of Commerce, IDBI Bank, Canara Bank, and Bank of Baroda. 2. Raj Gupta & Co., Chandigarh M/s Raj Gupta & Co. is having its head office at Chandigarh, having two branches, one at Ludhiana and other at New Delhi.It is having bank audit experience of 38 years and has 8 FCA partners, 1 ACA partner and 56 audit staff. It is noted that the firm has an experienced team of 9 CAs including 2 ISA/ CISA qualified CAs. The information is furnished pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
01-01-2019
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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

 This is to inform that the Board of Directors in its meeting dated 27.12.2018 approved the appointment of the following audit firms as per the criteria laid down by RBI & approval received from Reserve Bank of India vide letter no.ARS.No.3135/08:19:003/2018-19 dated 13.12.2018:- 1. M/s. S Mann & Co., New Delhi - Continuing Auditors 2. M/s. Baldev Kumar & Co., Chandigarh - Continuing Auditors 3. M/s. Suresh Chandra & Associates., New Delhi - New Auditors 4. M/s. Raj Gupta & Co., Chandigarh - New Auditors The information is furnished pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
28-12-2018
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PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

 Strike by United Forum of Bank Unions- UFBU (AlBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO) This is to inform that United Forum of Bank Unions (UFBU) has given a notice to IBA calling for All India Bank Strike from 06.00 a.m on 26th December 2018 to 06.00 a.m on 27th December, 2018. If the strike materialises, a certain section of the Bank's employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected. The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank's branches / offices.
24-12-2018
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Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

 Notice for Strike by All India Bank Officer's Confederation (AIBOC) from midnight of 20th December, 2018 to midnight of 21st December 2018 This is to inform that All India Bank Officers' Confederation (AIBOC) has given a notice to IBA calling for All India Bank Strike from midnight of 20th December, 2018 to midnight of 21st December 2018. If the strike materialises, a certain section of the Bank's employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected. The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank's branches / offices.
19-12-2018
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PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Interest Rates Updates

 SUB: Punjab & Sind Bank - Declaration of Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 16.12.2018 - Compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 16.12.2018 S.No. Tenor MCLR (%) w.e.f. 16.12.2018 1. Overnight MCLR 8.00 2. One month MCLR 8.20 3. Three month MCLR 8.40 4. Six month MCLR 8.65 5. One Year MCLR 8.85 6. Three Year MCLR 9.10 We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
17-12-2018
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Outcome of Board Meeting

 Reg: Outcome of the Meeting of Board of Directors held on 12.12.2018 for raising Capital: Reporting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is in continuation to our letters dated 06.12.2018 and 07.12.2018 regarding intimation of meeting of Board of Directors for raising of Capital. We wish to inform that the Board of Directors in its meeting dated 12th December 2018, resolved and approved the following:...
12-12-2018
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Update: Regulation 29 Of SEBI (LODR)

 Further to our letter dt 06-12-2018 wherein we had informed that Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on December 12, 2018 at New Delhi, inter alia, to consider issue of Equity Shares by way of QIP upto an amount of Rs. 500 crore for which permission has already been obtained from the Board of Directors...
07-12-2018
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Board Meeting Intimation for Update: Regulation 29 Of SEBI (LODR)

 PUNJAB & SIND BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/12/2018 ,inter alia, to consider and approve Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on December 12, 2018 at New Delhi, inter alia, to consider and approve issue of Equity...
06-12-2018
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Announcement under Regulation 30 (LODR)-Interest Rates Updates

 Punjab & Sind Bank - Declaration of Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 16.11.2018 - Compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 16.11.2018...
15-11-2018
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