Punjab & Sind Bank, headquartered in India, is targeting a total business milestone of ₹3 trillion by the end of the current financial year, following a 15% growth to ₹2.63 trillion in FY26. The bank's Managing Director and CEO, Swarup Kumar Saha, indicated expectations of 16-18% credit growth and 13-14% deposit growth to achieve this goal. To support credit expansion, the bank plans to mobilize up to ₹3,000 crore through a private placement of shares, aiming to meet the minimum public shareholding (MPS) norms set by the Securities and Exchange Board of India (SEBI), which requires at least 25% public ownership. Currently, the Government of India holds 93.85% of the bank. The board has also approved the issuance of ₹3,000 crore in infrastructure bonds and ₹2,000 crore in Tier I and Tier II bonds to further fund credit growth. Infrastructure bonds are favored as they are exempt from regulatory reserve requirements, allowing for full deployment in lending activities.