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Punjab & Sind Bank
3.5
based on 137 Reviews
Company Overview
Company Locations
Working at Punjab & Sind Bank
Company Summary
Overall Rating
3.5/5
based on 137 reviews
45% above
industry average
Highly rated for
Job Security
Critically rated for
Company Culture, Work Satisfaction, Work-Life Balance
Work Policy
Alternate Saturday off
43% employees reported
Strict timing
65% employees reported
No travel
39% employees reported
Day shift
95% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
11 employees reported
Health insurance
7 employees reported
Professional degree assistance
3 employees reported
Office cab/shuttle
3 employees reported
View all benefits
About Punjab & Sind Bank
Founded in1908 (116 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersNew Delhi, India
Office Locations
--
Websitepsbindia.com
Primary Industry
Other Industries
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It 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.
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Punjab & Sind Bank Ratings
based on 137 reviews
Overall Rating
3.5/5
How AmbitionBox ratings work?
5
59
4
32
3
21
2
9
1
16
Category Ratings
4.2
Job Security
3.5
Salary & Benefits
3.4
Promotions/Appraisal
3.2
Skill Development
3.1
Work-Life Balance
3.0
Work Satisfaction
2.9
Company Culture
Punjab & Sind Bank is rated 3.5 out of 5 stars on AmbitionBox, based on 137 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Punjab & Sind Bank Reviews
Top mentions in Punjab & Sind Bank Reviews
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Compare Punjab & Sind Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.5/5 based on 137 reviews | 3.6/5 based on 1.6k reviews | 3.4/5 based on 356 reviews | 3.4/5 based on 1.1k reviews |
Highly Rated for | Job Security | Job Security | Job Security | Job Security |
Critically Rated for | Company culture Work Satisfaction Work-Life balance | Promotion/Appraisals Work Satisfaction Company culture | Work-Life balance Company culture Work Satisfaction | Work-Life balance Work Satisfaction Company culture |
Primary Work Policy | - | Work from office 89% employees reported | Work from office 92% employees reported | Work from office 98% employees reported |
Rating by Women Employees | 3.0 Average rated by 23 women | 3.4 Average rated by 313 women | 3.0 Average rated by 59 women | 3.4 Average rated by 205 women |
Rating by Men Employees | 3.7 Good rated by 100 men | 3.6 Good rated by 1.2k men | 3.5 Good rated by 257 men | 3.4 Average rated by 792 men |
Job Security | 4.2 Good | 4.0 Good | 4.0 Good | 4.2 Good |
View more
Punjab & Sind Bank Salaries
3.5
rated by 137 employees for salariesChief Manager
(28 salaries)
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₹18 L/yr - ₹32 L/yr
Branch Manager
(23 salaries)
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₹7.2 L/yr - ₹17 L/yr
Officer
(21 salaries)
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₹6 L/yr - ₹15 L/yr
Chartered Accountant
(9 salaries)
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₹7 L/yr - ₹12 L/yr
Bank Manager
(8 salaries)
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₹7 L/yr - ₹18 L/yr
Credit Officer
(6 salaries)
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₹5 L/yr - ₹13 L/yr
Banking Officer
(6 salaries)
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₹8.1 L/yr - ₹11 L/yr
Probationary Officer
(5 salaries)
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₹4 L/yr - ₹10.1 L/yr
Branch Head
(5 salaries)
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₹10 L/yr - ₹17 L/yr
Clerk
(5 salaries)
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₹2.2 L/yr - ₹5 L/yr
Punjab & Sind Bank News
Punjab And Sind Bank Raises Rs 3,000 Crore Through Maiden Infrastructure Bond Issuance
- State-owned Punjab & Sind Bank raised Rs 3,000 crore through its first infrastructure bond issuance.
- The bank received bids totaling Rs 6,031 crore, exceeding the base issue size of Rs 500 crore.
- The 10-year bonds will be listed on the National Stock Exchange for trading as per RBI guidelines.
- Infrastructure bonds exempt from regulatory reserve requirements, allowing full proceeds for lending purposes.
Bloomberg Quint | 18 Dec, 2024
Punjab & Sind Bank Plans To Raise Rs 3,000 Crore Via Maiden Infrastructure Bonds This Month
- Punjab & Sind Bank plans to raise Rs 3,000 crore via maiden infrastructure bonds this month.
- The base issue size is Rs 500 crore with a greenshoe option of Rs 2,500 crore.
- The bonds have a tenure of 10 years and are rated as 'AA' by domestic rating agencies.
- The bank aims for a credit growth of 13-14% during the current financial year.
Bloomberg Quint | 12 Dec, 2024
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Government plans minority stake sale in 4 PSU banks, source says
- The finance ministry is likely to seek approval of the cabinet in the coming months to dilute the stake in 4 PSU banks - Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank.
- The plan is to sell the stake through an offer for sale in the open market.
- The government's ownership in these banks ranges from 93% to 98.3%.
- Shares of the banks rose between 3% and 4% following the news.
HinduBusinessLine | 19 Nov, 2024
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