BOP founder Inderjit Singh dead

NEW DELHI, Oct 4 (PTI) — Mr Inderjit Singh, founder of Bank of Punjab Ltd (BOP) and founder chairman of Punjab and Sind Bank died here this morning, BOP vice-president Deep Singh said.

He was 87 and is survived by his wife, three sons and a daughter. Mr Inderjit Singh took to the banking profession in 1932 in undivided Punjab and revived Punjab and Sind Bank in 1960 in India which today has grown to a Rs 1000-crore institution having 550 branches all over the country.

The BOP under his leadership with a turnover of over Rs 2,700 crore has emerged as one of the fastest growing private bank in recent time.

Delhi state Akali Dal president and former national general secretary of the Shiromani Akali Dal Omkar Singh Thapar said Dr Inderjit Singh was a saint who worked tirelessly for the welfare of humanity.

CHANDIGARH (TNS): The Punjab Chief Minister, Mr Parkash Singh Badal, has condoled the death of Mr Inderjit Singh who died in New Delhi.

In a condolence message to the bereaved family, the Chief Minister said the contribution of Mr Inderjit Singh, who first established Punjab and Sind Bank and later the Bank of Punjab, had rendered yoeman’s service to the state.

Mr Parkash Singh said in the death of Mr Inderjit Singh the country had lost a great son.