Punjab & Sind Bank Partners with Chennai SHGs to Boost Women Empowerment

Punjab & Sind Bank Partners with Chennai SHGs to Boost Women Empowerment

Chennai, Feb 5: Punjab & Sind Bank organised a Self Help Group  Interaction Programme at Ramada, Chennai, on February 2, 2026, under the Chennai Zone, aimed at strengthening engagement with women-led grassroots enterprises and understanding the on-ground experiences of SHG members.
WhatsApp Image 2026-02-05 at 6.30.30 PM
The programme was inaugurated by Shri Swarup Kumar Saha, Managing Director & Chief Executive Officer, Punjab & Sind Bank. Around 100 SHG members from across the Chennai Zone participated, sharing their experiences, challenges, and expectations related to credit access, loan processing, and grievance redressal.
Addressing the gathering, Shri Swarup Kumar Saha highlighted the Government of India’s initiatives for women empowerment and entrepreneurship, and emphasised the importance of direct interactions in shaping responsive banking solutions.
“Self Help Groups are a powerful force in driving financial inclusion and women-led economic growth. Through continuous engagement and simplified processes, Punjab & Sind Bank remains committed to empowering SHGs and supporting them in scaling their entrepreneurial aspirations,” said Shri Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank.
Several SHG members appreciated the Bank’s customer-friendly approach, citing the support, accessibility, and responsiveness of branch officials, which has strengthened their confidence to pursue entrepreneurial activities.
During the interaction, Shri Saha assured participants that concerns related to the ALI loan facility would be examined. He also announced a six-month waiver on processing and documentation charges, subject to receipt of a formal proposal from the Zonal Office, reaffirming the Bank’s commitment to SHG empowerment.
Emphasising financial safety, he cautioned members against digital frauds and impersonation scams, underscoring the Bank’s focus on customer protection. Appreciating the quality of SHG-made food products, Shri Saha encouraged members to expand their business activities and conveyed his best wishes for their sustained growth.
The programme concluded with a Vote of Thanks followed by High Tea, reaffirming Punjab & Sind Bank’s commitment to financial inclusion, women empowerment, and holistic SHG development.

Neel Achary

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