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PSB Naari Shakti: Punjab & Sind Bank’s Women Savings Account

18 August 20251 min read
BANKING & FINANCEPSB Naari Shakti:Punjab & SindBank’s WomenSavings Account18 August 2025safalsetu.com

Why in the news

Punjab & Sind Bank (PSB) introduced a women-focused savings account combining banking and health benefits.

Key facts

  • Health: cancer cover, group accidental insurance, free annual preventive check-ups.
  • Financial: complimentary Platinum RuPay debit card and savings privileges tailored for women.
  • Objective: strengthen women’s financial independence and address healthcare needs.

About Punjab & Sind Bank

  • Founded 24 June 1908; headquartered in New Delhi.
  • MD and CEO: Swarup Kumar Saha.

Exam angle

  • Variants: Pink and Smile.
  • Bank headquarters: New Delhi.

Test yourself

1. Which bank launched the PSB Naari Shakti savings account for women?

Punjab & Sind Bank launched the account.

2. PSB Naari Shakti is available in which two variants?

The two options are PSB Pink and PSB Smile.

3. Who is the MD and CEO of Punjab & Sind Bank, as noted with the PSB Naari Shakti launch?

Swarup Kumar Saha is named as MD and CEO.