Is Punjab Sind Bank Is A Nationalized Bank

Hi buddy plz tell me Is Punjab Sind Bank Is A Nationalized Bank , so that I could do some invest in its shares ??

[shikha]

Punjab & Sind Bank is a government-owned bank (79.62%), with headquarters in New Delhi. Of its 1466 branches spread throughout India, 623 branches are in Punjab state

As you asking I am telling On 15 April 1980 Punjab & Sind Bank was among six banks that the Government of India nationalized in the second wave of nationalizations. (The first wave had been in 1969 when the government nationalized the top 14 banks.)

Financial performance
Particulars FY 2014-15 FY 2013-14
A Deposits (' INR crores) 86,714.71 84,730.16
B Advances (' INR crores) 64,796.42 57,857.74
C Total Business (A+B) (' INR crores) 1,51,511 1,42,588
D Total Assets (' INR crores) 97,753.40 94,509.15
E Operating Profit (' INR crores) 775.45 800.54
F Net Profit(' INR crores) 121.35 300.63
G Business/Employee (' INR crores) 15.95 15.31
H Net Interest Margin (NIM) (%) 1.80 1.88
I Return on assets (%) 0.13 0.35
J Gross NPAs (%) 4.76 4.41
K Net NPAs (%) 3.55 3.35
L Total Branches 1456 1330
M Total ATM's 1268 1008

Bank profile :

Type Public

Industry Banking

Financial services

Founded 24 June 1908; 108 years ago

Headquarters Rajendra Place New Delhi, India

Key people S.Jatinderbir Singh (CEO&MD.), M.K.Jain (E.D.) , A.K. Jain (E.D.)

Products Finance, FOREX, Retail Banking

Total assets Rs. 97,753.40 crore (31.03.2015)

Rs. 94,509.15 crore (31.03.2014)

Owner Government of India

Number of employees 11000(april 2016)