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Punjab & Sind Bank founders group portrait. From left-to-right: Tarlochan Singh, Vir Singh, Sundar Singh Majithia The first branch of the bank in Amritsar was established on 24 June 1908 by Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh to serve the then Sind and Punjab areas of colonial India.
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Punjab and Sind Bank; Vijaya Bank (Now Bank of Baroda) Oriental Bank of Commerce (now Punjab National Bank) Corporation Bank (now Union Bank of India) Andhra Bank (now Union Bank of India) New Bank of India (now Punjab National Bank) Later on, in the year 1993, the government merged New Bank of India with Punjab National Bank. [36]
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India.
Sindh (/ ˈ s ɪ n d / SIND; Sindhi: سِنْڌ ; Urdu: سِنْدھ, pronounced; abbr. SD, historically romanized as Sind) is a province of Pakistan.Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province by population after Punjab.
Elections were held in eleven provinces - Madras, Central Provinces, Bihar, Orissa, the United Provinces, the Bombay Presidency, Assam, the North-West Frontier Province, Bengal, Punjab and Sind. The final results of the elections were declared in February 1937.
Distance from the provincial capital, Bombay, led to grievances that Sindh was neglected in contrast to other parts of the Presidency. The merger of Sindh into Punjab province was considered from time to time but was turned down because of British disagreement and Sindhi opposition, both from Muslims and Hindus, to being annexed to Punjab. [105]