7/7/2024, 3:49:02 pm

Punjab & Sind Bank plans to open 100 branches this fiscal

Punjab & Sind Bank plans to open 100 new branches and add 100 ATMs this fiscal year, reaching a total of 1,665 branches and 1,135 ATMs by end-2024-25. The bank aims to more than double its Banking Correspondent network to 4,000 by year-end. It also plans to raise ₹2,000 crore via Qualified Institutional Placement (QIP) in the second half of this fiscal to fund business growth.