Government Extends Punjab & Sind Bank MD's Tenure

The Indian government has decided to keep Swarup Kumar Saha as the head of Punjab & Sind Bank for a longer time.

He was originally supposed to finish his job in June 2025, but now he'll stay until February 2027.

This decision was made by the government's Appointments Committee, which is led by the Prime Minister.

The bank recently made a lot more money than last year.

In the last three months of 2024, the bank's profit more than doubled, and its total income also increased.

The bank's shares went up in value after the news.