Punjab & Sind Bank — Board Meeting, 29-04-2025: Outcome of Board Meeting

Punjab & Sind Bank has announced a board meeting, approving the audited financial results for the quarter and half-year. The bank reported a profit after tax of ₹31.27 crore, marking an increase year-on-year. A dividend of ₹0.07 per equity share is proposed, pending shareholder approval. Additionally, the bank raised ₹1,219.39 crore through Qualified Institutional Placements, enhancing its capital position for future growth initiatives.