PUNJAB & SIND BANK 5TH AGM HELD
Punjab & Sind Bank holds 5th Annual General Meeting
Punjab & Sind Bank, held its 5th Annual General Meeting (AGM) at New Delhi. A large number of shareholders participated in the meeting . The Shareholders of the Bank discussed, approved & adopted the Balance Sheet as at 31.3.2015,Profit & Loss Account of the Bank for the year ended at that date, the Report of the Board of Directors on the working & activities of the Bank for the period covered & the Auditor’s report on Balance Sheet & Accounts. The shareholders also approved Dividend @ Rs.0.60 per equity share on the face value of Rs.10/- for the Financial Year 2014-15. The resolutions were passed through e-voting/poll by the shareholders .
Shri Jatinderbir Singh, IAS, Chairman & Managing Director of the Bank, briefed the shareholders on the performance of the Bank during 2014-15. Among other things, the shareholders were also informed of Bank’s vigorous participation in making Pradhan Mantri Jan Dhan Yojna (PMJDY) & Financial Inclusion (FI) a grand success. The P&S Bank has also won an Excellence Award for achievement in PMJDY parameters.
Shri Singh expressed his gratitude to all the shareholders, Government of India, SEBI, RBI, Stock Exchanges for their continued guidance & support and thanked the customers of the Bank for their continued patronage.