Punjab & Sind Bank to Expand Operations in Odisha with 20 New Branches

Bhubaneswar: Punjab & Sind Bank is set to expand its footprint in Odisha, with plans to open 20 new branches and establish a zonal office in Bhubaneswar during the Financial Year 2025–26. The announcement was made today by Ravi Mehra, Executive Director of the Bank, during a courtesy call on Chief Secretary Manoj Ahuja at Lok Seva Bhawan.

At present, Punjab & Sind Bank operates 30 branches across Odisha. Mehra informed that the Board has already approved the setting up of a zonal office in Bhubaneswar, which will help strengthen the bank’s operations and improve its outreach across the State.

Highlighting the bank’s role in supporting developmental priorities, Mehra said Punjab & Sind Bank has been actively facilitating government schemes in Odisha, particularly in agriculture, MSMEs, food processing, and the promotion of self-help groups (SHGs). He assured that the bank would further scale up this support in the coming years.

Reiterating the institution’s commitment, Mehra said, “Punjab & Sind Bank is fully aligned with the vision of ‘Viksit Odisha 2036’ and ‘Viksit Bharat 2047.’ We will play an active role in empowering communities and driving inclusive growth in the State.”

Chief Secretary Shri Manoj Ahuja assured full cooperation from the State Government in setting up new branches and the zonal office.