https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Swarup Kumar Saha Gets Tenure Extension as MD & CEO of Punjab & Sind Bank Till 2027 – Know More!

Saha, who assumed the leadership role at the public sector bank on June 3, 2022, was initially appointed for a three-year term set to conclude in June 2025.
Indian Masterminds Stories

The Appointments Committee of the Cabinet (ACC) has approved an extension in the tenure of Swarup Kumar Saha, the Managing Director and Chief Executive Officer of Punjab & Sind Bank, until February 28, 2027.

Mr Saha, who assumed the leadership role at the public sector bank on June 3, 2022, was initially appointed for a three-year term set to conclude in June 2025. According to a notification from the Department of Financial Services (DFS) under the Ministry of Finance, the extension will last until his retirement date or until further notice, whichever is earlier.

This development follows a strong financial performance by the bank in recent quarters. In the January–March 2024 quarter, Punjab & Sind Bank posted a net profit of ₹313 crore – more than double the ₹139 crore earned in the same quarter last year.

Read Also: Punjab & Sind Bank Sets QIP Floor Price at Rs 40.38 Per Share

The bank’s total income for the quarter stood at ₹3,836 crore, up from ₹2,894 crore in the previous year’s corresponding period. Interest income rose to ₹3,159 crore from ₹2,481 crore, while Net Interest Income (NII) saw an increase to ₹1,122 crore from ₹689 crore in Q4 FY23.

About Punjab & Sind Bank
Punjab & Sind Bank is a public sector bank in India, founded in 1908 with a social commitment to uplift the weaker sections of society. It’s headquartered in New Delhi and has branches across India, with the largest number in the state of Punjab. The bank offers a wide range of financial services, including retail banking, corporate banking, and treasury operations


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
8th Pay Commission members
8th Pay Commission Formed: Chairperson Justice Ranjana Prakash Desai to IAS Pankaj Jain – Know More About All Members
BEML,_DPA,_DMRC,_and_Umeandus_Collaborate_
BEML, DPA, DMRC, and UTIPL Collaborate to Launch India’s Advanced Rail-Based Freight System (e-FTS)
CSS central secretariat service
CSS Forum Expresses Gratitude to PM Modi, Union Cabinet for Approving 8th Central Pay Commission ToR, Urges Implementation by 2026
Punjab-Haryana-High-Court-resized
Punjab & Haryana High Court Imposes Rs 2 Lakh Cost on Senior Punjab Officials for Disobeying Court Orders on Modified Vehicles
CM Vishnu Deo Sai and Wife
Spiritual Fervor in Kunkuri: CM Vishnu Deo Sai Performs Sacred ‘Tulsi Archana’ Seeking Blessings for Chhattisgarh
HUDCO
HUDCO Signs MoUs Worth Over ₹5,500 Crore with Major Port Authorities to Boost India’s Maritime Infrastructure
Uttarakhand Ghost Villages
Turning Silence into Sustainability: Uttarakhand’s Plan to Revive Ghost Villages through Homestay Tourism
Madhya Pradesh Foundation Day 2025
Madhya Pradesh to Celebrate Foundation Day with Grand Events, Vision Document ‘Prosperous MP @ 2047’ to Be Released
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Gokul S
Meet IAS Gokul S — The Officer Who Turned Disability into Determination | Video Interview 
WhatsApp Image 2025-10-23 at 10.40
Everybody Needs To Know What Is Transpiring Behind Closed Doors Of Courts
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
ADVERTISEMENT
UPSC Stories
IAS Gokul S
Meet IAS Gokul S — The Officer Who Turned Disability into Determination | Video Interview 
Visually impaired IAS officer Gokul S turned his challenges into change, empowering hundreds through...
Parmeshwar Chaudhary RAS
From Taunts to Triumph: How Farmer’s Son Parmeshwar Chaudhary Rose from Lab Assistant to SDM, Securing Rank 3 in RAS 2023
Parmeshwar, once taunted over his SI selection, has scripted a stunning success—securing Rank 3 in RAS...
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Social Media
Tenzin Yangki IPS Arunachal
Historic First: Who Is Tenzin Yangki, Arunachal Pradesh’s First Woman to Join IPS? Anand Mahindra Hails Her
She secured an impressive 545th rank in the prestigious UPSC Civil Services Examination - 2022.
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
8th Pay Commission members
8th Pay Commission Formed: Chairperson Justice Ranjana Prakash Desai to IAS Pankaj Jain – Know More About All Members
BEML,_DPA,_DMRC,_and_Umeandus_Collaborate_
BEML, DPA, DMRC, and UTIPL Collaborate to Launch India’s Advanced Rail-Based Freight System (e-FTS)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Gokul S
WhatsApp Image 2025-10-23 at 10.40
WhatsApp Image 2025-10-19 at 12.23
ADVERTISEMENT
ADVERTISEMENT