Punjab & Sind Bank 2020 AR2
The report highlights Punjab & Sind Bank's financial and operational performance for the fiscal year 2019-20. The bank reported a total business of Rs. 1,52,231.75 crore and a net loss of Rs. 990.80 crore, with a Capital Adequacy Ratio of 12.76% under Basel III. It demonstrated a strong commitment to financial inclusion, opening 13.24 lakh accounts under the PMJDY scheme and deploying 353 Bank Mitrs across 11 states. Additionally, the bank implemented various green initiatives to promote paperless banking, such as digital banking, mobile banking, and online payments, while actively financing renewable energy projects.
Company: Punjab & Sind Bank
Sector: Finance & insurance
Country: India
Year: 2020
Type: AR2
Pages: 334
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Punjab & Sind Bank
Annual Report
The report highlights Punjab & Sind Bank's financial and operational performance for the fiscal year 2019-20. The bank reported a total business of Rs. 1,52,231.75 crore and a net loss of Rs. 990.80 crore, with a Capital Adequacy Ratio of 12.76% under Basel III. It demonstrated a strong commitment to financial inclusion, opening 13.24 lakh accounts under the PMJDY scheme and deploying 353 Bank Mitrs across 11 states. Additionally, the bank implemented various green initiatives to promote paperless banking, such as digital banking, mobile banking, and online payments, while actively financing renewable energy projects.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Hindi
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees