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Punjab & Sind Bank gets nod to raise foreign currency funds upto $1 billion
Sep-30-2026

Punjab & Sind Bank has received approval for raising of foreign currency funds through establishment of a Medium-Term Note (MTN) Programme upto $1 billion and issuance of bonds thereunder. The Board of Directors of the Bank in its meeting held on September 29, 2026 has approved the same.

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. 


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