Friday, January 16, 2009

Punjab & Sind Bank

Punjab & Sind Bank was in the year 1908, when a humble idea To uplift the poorest of poor of the land culminated in the birth of Punjab & Sind Bank with the far-sighted vision of luminaries like Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh. They enjoyed the highest respect with the people of Punjab.

The bank was founded on the principle of social commitment To help the weaker section of the society in their economic endeavours To raise their standard of life.

Decades have gone by, even today Punjab & Sind Bank stands committed To honor the social commitments of the founding fathers.

VISION & MISSION

Corporate Vision
We envision To emerge as a strong vibrant Bank through the implementation of effective Risk Management and Internal Control Systems through syncronization of the human, financial and technological resources.

Corporate Mission
* To put in place the effective Risk Management and Internal Control Systems.
* To adopt and operationalise high-level technology standards.
* To strive * To achieve excellence in Customer Service.
* To achieve the highest standards of transparency and accountability in the conduct of banking business.
* To adopt professional approach in effectively managing financial as well as non-financial risks.
* To maximize profitability and profits of the Bank with due compliance of prudential guidelines.
* To maximize competitive risk adjusted return on capital, through planned reduction in the average cost of funds, increased yield on advances and investments besides reduction in cost of operations.

CITIZEN CHARTER

VISION & MISSION STATEMENT

CORPORATE VISION OF THE BANK
We envision to emerge as a strong vibrant Bank through synchronization of human, financial
and technological resources.

THE MISSION STATEMENT OF THE BANK
* To put in place the effective Risk Management and Internal Control System.
* To adopt and operationalise high - level technology standards.
* To strive to achieve excellence in Customer Service.
* To achieve the highest standards of transparency and accountability in the conduct of banking business.
* To adopt professional approach in effectively managing financial as well as non-financial risks.
* To maximize profitability and profits of the Bank with due compliance of prudential guidelines.
* To maximize competitive risk adjusted return on capital, through planned reduction in the average cost of funds, increased yield on advances and investments besides reduction in cost of operations.

BRANCH NETWORK
The corporate office of the bank is situated at Rajendra Place, New Delhi with 19 zonal offices (as on 30.09.2004) scattered in various states controlling the branches.

The Bank has a vast network of 813 branches and 76 extension counters (as on 31.03.2006) spread all over India catering to the needs to all section of society irrespective of their social and economic strata. These branches are manned by a dedicated work force of 9778 personnel.

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