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News Details

29/01/2026 18:57

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Punjab & Sind Bank gets RBI nod to open branch in GIFT City

State-owned Punjab & Sind Bank has received approval from the Reserve Bank of India (RBI) to open a branch at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar, Gujarat.

This marks the bank’s strategic entry into global financial services and international banking operations, Punjab & Sind Bank said in a statement.

GIFT City IFSC is India’s premier international financial hub, designed to provide a world-class ecosystem for cross-border financial transactions, international trade finance, offshore banking, and capital market activities, it said.