Punjab & Sind Bank (PSB) has received a license from the International Financial Services Centres Authority (IFSCA) to establish an IFSC Banking Unit at GIFT IFSC. This follows an earlier communication on January 28, 2026, where the Reserve Bank of India (RBI) had permitted the bank to set up this unit. The license was granted by IFSCA vide their letter dated July 07, 2026. The new unit will operate as a branch of the bank at GIFT City, Gandhinagar.
