Punjab & Sind Bank is an Indian nationalised bank. It is under the ownership of Ministry of Finance, Government of India[4] with its head office located in New Delhi. As of 31 March 2020, the bank has 1526 branches which are widely spread across India out of which 635 branches are in the state of Punjab, and 25 zonal offices located all over India. On 16 July 2019, Punjab & Sind Bank disclosed that it detected a fraud, worth ₹238 crore (US$32 million) by the Bhushan Power & Steel Limited.