8 August 2021
Punjab & Sind Bank, a premier public sector bank organized a Town Hall Meeting on 08th August 2021 at Chandigarh. The theme of the Town Hall meet was “Making 2021-22 as the year of Punjab & Sind Bank”.
Staff members working in 168 branches, Field General Manager Office, CenMARG Chandigarh participated in Town Hall Meeting. Sh. S Krishnan, MD & CEO, Chaired the meeting which was also attended by Sh. Praveen Mongia, Field General Manager, Chandigarh, Sh. Ravi Mehra, General Manager (P&D) and all the Zonal Managers of Punjab State Zones.
The meeting started with paying tribute to the PSBians and their families who lost their valuable lives during the current pandemic.
Addressing the PSBians, Sh. S Krishnan, MD & CEO said that the Bank is on a transformation journey and the year 2021-22 definitely belongs to Punjab & Sind Bank. While discussing the performance of the Bank as on 30th June 2021, Sh. S Krishnan expressed satisfaction that the bank has shown tremendous turnaround and resilience by generating substantial profit for 2 consecutive quarters.
He also said that each and every PSBian need to engage with customers, foster creativity and promote values. He also advised that the Bank need to increase its CASA and RAM (Retail, Agriculture, MSME) segment credit substantially, besides focusing on Recovery of NPAs and TWOs, arresting slippages.
Sh. S Krishnan further elaborated that Punjab is the heartland of the Bank and its success story starts with Punjab. Expanding its footprints in Punjab, the Bank has set-up FGM Office at Chandigarh as an extended arm of Head Office. Sh. S Krishnan emphasized on putting the best foot forward to move ahead with leaps & bound. He said that the key mantra for profit generation is Recovery of bad debts, prevention of slippage and expanding the customer base by mobilizing low cost deposit and RAM segment credit.