We must develop knowledge optimization initiatives to leverage our key learning and make it work for the welfare of people and the nation---goes the mantra of modern banking. And R P Singh, an Indian Administrative Services official, who is Officer on Special Duty and Chairman-cum-Managing Director, Punjab and Sind Bank, has tried to inculcate these values in the functioning of the Bank.

Founded on the principle of social commitment to help the weaker section of the society in their economic endeavours to enhance the standard of life, the Punjab and Sind Bank under Singh has only carried the objective further. Nevertheless, he hasn't compromised with the productivity and profitability of the bank. Therefore, there is no wonder that Punjab & Sind Bank is fast growing into one of the major financial institutions, with more than 760 branches and 131 extension counters in the country. And it has been the untiring efforts of Singh and his equally competent predecessors that the bank during the last financial year was able to earn a net profit of Rs 88.9 million and did a business of Rs 200525 Million.

Known as an adept administrator and efficient manager, Singh has enthused a new life to the Bank through his innovative ideas and welfare schemes. In fact, as part of new initiative, the Bank under the leadership of Singh recently entered into a strategic tie-up with UTI Mutual Fund for the distribution of the latter's schemes. As per the understanding, the Bank would offer the entire bouquet of UTI Mutual Fund schemes through its selected branches.

This, in turn, would enable the bank to increase its fee-based income. With a dominant presence in Delhi, Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir, Western and Tarai belt of Uttar Pradesh, Uttranachal and Ganganagar belt of Rajasthan, which happened to be important retail markets for the Bank, Singh has helped the Bank increase its customer base in these regions. In fact, he has been a vital force in providing variegated services and products under one roof for his valued customer. Last but not the least, Singh's energetic initiatives has streamlined the efficiency of the bank in recent times. And with a person like Singh steering the course of Bank's future, there is but more cash to flow in the Bank's coffer.