New Launch28 Jan 2026, 03:48 pm
Punjab & Sind Bank Granted Permission to Establish IFSC Banking Unit at Gift City, Gujarat
AI Summary
Punjab & Sind Bank has received permission from the Reserve Bank of India to set up an IFSC Banking Unit (IBU) in GIFT City, Gujarat. This decision was communicated via letter Ref: DOR. LIC. No. S8074/23.13.004/2025-26 dated January 27, 2026. All stakeholders are requested to take note of this development in accordance with the SEBI (LODR) Regulations, 2015.
Key Highlights
- Punjab & Sind Bank received permission from the Reserve Bank of India to establish an IFSC Banking Unit (IBU) in GIFT City, Gujarat.
- The decision was communicated via letter Ref: DOR. LIC. No. S8074/23.13.004/2025-26 dated January 27, 2026.
- Stakeholders are requested to note this development in accordance with the SEBI (LODR) Regulations, 2015.