National, February 14, 2026: Punjab & Sind Bank organised a series of engagements and initiatives across Panchkula, Chandigarh, and Mohali, covering leadership interaction, operational streamlining, network expansion, employee engagement, and sector-focused banking support.
A key highlight was the Mega Townhall Meeting held at the Indradhanush Auditorium, Panchkula, under the leadership of Shri Swarup Kumar Saha, Managing Director & Chief Executive Officer, Punjab & Sind Bank. Conducted on the theme “One Team, One Voice, One Vision,” the Townhall brought together senior leadership and officers from across regions and verticals of the Bank. The interaction provided a platform for leadership to review performance, share priorities, and engage directly with officers, strengthening alignment and clarity across the organisation.
As part of its operational initiatives, the Bank inaugurated PSB Connect – CASA Account Processing Centre at Sector 17-B, Chandigarh. The centralised processing centre has been set up to streamline CASA account opening, reduce turnaround time, and improve processing efficiency. By centralising routine processing, branches are expected to focus more effectively on customer acquisition, relationship management, and deposit mobilisation, particularly in urban and semi-urban markets.
Expanding its physical presence, Punjab & Sind Bank also inaugurated a new branch at Airport Road, Mohali. Located in a rapidly developing commercial and residential corridor, the branch will cater to retail customers, MSMEs, and emerging business segments. It will offer a range of banking products and digital-enabled services to support local economic activity and meet the growing financial needs of the region.
In a move focused on strengthening the employee engagement, the Bank inaugurated PSB Care Nest, a dedicated child care and early learning facility for children, aimed at supporting working parents and promoting a healthy work-life balance.
Speaking on the occasion, Shri Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank, said, “We are building strong alignment across our people, sharpening our processes, and expanding our presence in growth-oriented markets. The Mega Townhall reflects our focus on unified leadership and execution, while initiatives such as PSB Connect strengthen our CASA franchise and operational efficiency. With targeted branch expansion and sector-specific Centres of Excellence, we are positioning the Bank to deliver sustainable growth, superior customer outcomes, and meaningful financial inclusion. Our transformation journey is firmly guided by trust, service excellence, and long-term value creation.”
In a key sector-focused initiative, Punjab & Sind Bank inaugurated the PSB Centre of Excellence for the Food & Agro Processing Sector at Sector 17-B, Chandigarh. The Centre will function as a specialised support platform for agri-entrepreneurs, food processing units, and allied industries. It will provide assistance in project appraisal, credit facilitation, advisory services, and access to banking solutions, in line with the growing importance of agro-based industries in regional and national economic development. The programmes were attended by Shri Vivek Srivastava, Regional Director, Reserve Bank of India, Chandigarh, along with senior executives of the Bank and other distinguished guests
Focused Support and Wider Outreach Will Strengthen Our Services’, said, Shri Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank
