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
Hindustan Shipyard Limited HSL
PESB Declines to Recommend CMD for Hindustan Shipyard; Ministry May Extend Current Chief’s Tenure
IAS Ajitabh Sharma
“80% of Time Spent on Non-Core Tasks”: Rajasthan Principal Secretary Ajitabh Sharma Questions IAS Work Culture, Calls for Reform
Nitin Gadkari
India to Become Net Energy Exporter in 6-7 Years, Highlights Hydrogen and Biofuels: Union Minister Nitin Gadkari
Bank of India - BOI
Bank of India Plans to Raise Rs 20,000 Crore via Infrastructure Bonds in FY 2025-26
BEML Limited
For Operational Excellence, BEML Lays Foundation of State-of-the-Art Central Warehousing Centre in Bilaspur
rec-logo
Green Energy Boost: REC Forms New Subsidiary for 3GW Ananthapuram-II REZ Transmission Project
Bhupendra Patel CM Gujarat
CM Bhupendra Patel’s Pro-People Move: Uniform House Tax of ₹200 Annually for Rural Government-Assisted Homes in Gujarat
CM Nitish Kumar
Bihar: Gaya to Become Bihar’s Largest Industrial Township Under AKIC; ₹16,524 Cr Investment Expected
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-06-25 at 5.07
Why Has the DGCA Fined Air India Rs 5 Crore Since Privatisation?
Former Diplomat Ashok Sajjanhar
Iran Is Weakest Now, Needs a Face-Saver
WhatsApp Image 2025-06-23 at 12.39
Retired Officers Lead 7-Day Mission to Revive Betwa River with 55 Check Dams | Video Interview
ADVERTISEMENT
UPSC Stories
Sanish Kumar Singh
“If you want it badly enough, you’ll find a way,” Sanish Kumar Singh AIR 8, UPSC IFS 2024 
The real interview, he says, was much more humane. “The board was conversational. The chairman opened...
Raju Wagh
When the Battlefield Became a Study Room and a Dream Took Flight
Amid IED blasts and anti-Maoist operations in Bastar, CRPF Commando Raju Wagh taught village kids, studied...
WhatsApp Image 2025-06-18 at 10.31
"I Just Wanted to Breathe Again": The Man Who Fought Death and Made It to UPSC
Struck by COVID at the peak of his UPSC prep, Devanand Telgote spent months on ECMO, unsure he'd live,...
Social Media
Shailaja Chandra
“Nanis & Dadis Have a Brain”: Former IAS Officer Shailaja Chandra Weighs in on 1970s vs 2025 Life Debate - “This Generation Has It Better”
Responding to Viral Post on Middle-Class Struggles, Ex-Bureaucrat Offers Candid Reflection on Then and...
Tigress Arrowhead
The End of an Era: A Queen Falls - Ranthambore’s Iconic Tigress Arrowhead (T-84) Passes Away at 14, Hours After Daughter’s Relocation
Ranthambore mourns the loss of one of its fiercest and most beloved tigers, Arrowhead, the granddaughter...
Screenshot 2025-06-13 194001
Wild Elephant Disrupts Riverside Picnic, Sparks Debate on Human Encroachment; IFS Parveen Kumar Shares the Video - Watch Here!
Mr. Kaswan used the viral video, which has garnered over 1.5 lakh views, to highlight the risks of human...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Hindustan Shipyard Limited HSL
PESB Declines to Recommend CMD for Hindustan Shipyard; Ministry May Extend Current Chief’s Tenure
IAS Ajitabh Sharma
“80% of Time Spent on Non-Core Tasks”: Rajasthan Principal Secretary Ajitabh Sharma Questions IAS Work Culture, Calls for Reform
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-06-25 at 5.07
Former Diplomat Ashok Sajjanhar
WhatsApp Image 2025-06-23 at 12.39
ADVERTISEMENT
ADVERTISEMENT