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Punjab & Sind Bank gets IFSC licence for GIFT City unit

PSB 08072026132456 bsense08072026Source: NSE Filing8 Jul 2026

Punjab & Sind Bank gets IFSC licence for GIFT City unit.

The bank has received a licence from IFSCA to set up an IFSC Banking Unit at GIFT IFSC, marking its entry into the international financial services zone. This move could open new revenue streams through offshore banking services. The development reflects strategic expansion in line with regulatory approvals.

📊 STOCKS: PSB | 🏢 SECTOR: Banking | #MEDIUMIMPACT #IFSC

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