








Forgotten Sikhs: The Life of the Illustrious Banker Dr. Inderjit Singh and the Patronage of Sikh Art by the Punjab and Sind Bank
Dr. Inderjit Singh was born into a Hindu family in 1911 but later converted to Sikhi. He studied at the Hailey College of Commerce, Lahore and began his banking career at Central Bank of India in 1932, working for the United Commercial Bank (UCO Bank) between 1944 and 1960. In 1960, he joined the Punjab & Sind Bank (PSB) as a General Manager. Now, the Punjab & Sind Bank's roots are inextricably tied to Sikhi.
In 1908, Sardar Trilochan Singh, Bhai Vir Singh, and Sir Sundar Singh Majithia of the ongoing Singh Sabha movement envisioned a banking institution "by the Sikhs, for the Sikhs". Eventually, the bank's first branch was opened on 24 June 1908 at Hall Bazaar, Amritsar with an akhand path of the Sri Guru Granth Sahib Ji and ardas prayer by Bhai Mohan Singh, with 10,000 rupees being collected for the bank on its first opening due to Sikhs donating to the cause of an independent Sikh bank. By 1947, the bank had branches in Amritsar, Lahore, Lyallpur, Gujranwala, Rawalpindi City, Rawalpindi Cantt, Sialkot and Ludhiana, with sub-offices in Jaranwala, Lahore City and Gojra but the partition of Panjab would lead the bank to losing almost all of its branches to Pakistan, leaving it with only a couple remaining in India. Balbir Singh, brother of Bhai Vir Singh, was managing the bank during this difficult period post-partition.
With Dr. Inderjit Singh became chairman in 1968, the bank experienced a massive expansion, with the bank opening 546 new branches between 1968 and 1981. Dr. Inderjit Singh was proud of the Sikh roots of the bank, considering it the "only banking institution for the Sikhs in the country". When one external detractor at a high-level meeting asked him "Why do we see only Sikhs in your bank?", he fired-back: "First tell me the reasons, why can I not see any Sikh in other banks. Since you folks never recruited Sikhs in your banks, Sikhs have now built a bank of their own." Once when a Sikh with a trimmed beard underwent a job interview at the bank, Inderjit asked him why he did not have the appearance of his father, is he really his father's son? The Sikh came back one month later as a full-bearded Amritdhari for another interview and stated "Now I am my father’s son" and got the job. Another Sikh employee was put on one month leave for coming to work with a trimmed-beard.
Under Inderjit Singh's tenure at the bank, many calendars and books related to Sikh history were published. The calendars were especially interesting, as the bank hired Sikh artists such as Devender Singh, Mehar Singh, Bodhraj, Kirpal Singh, Rahi Mohinder Singh, Jarnail Singh, and Amolak Singh to create paintings to be reproduced in the annual, illustrated Sikh calendar that began being published in 1974. Sometimes a specific calendar year had a particular theme, for example the theme for one annual issue was dedicated to historical Sikh women while another year's theme was historical kirtaniyas (musicians). Many events and personalities from Sikh history were first popularly depicted in these annual Sikh history calendars published by the Punjab & Sind Bank. Many of these paintings for the calendar became extremely favoured amongst the Sikhs, people would cut the paintings out of the calendars and frame them for display in a space. By the early 2000s, the commissioned paintings of Sikh history for the illustrated calendar mostly became replaced with photographs (mostly of gurdwaras) in the bank's Sikh calendar, ending a decades-long system of patronage that produced many of the famous paintings that most of us grew-up seeing in our own homes and at gurdwaras. Even today, modern Sikh art is still influenced by the format set in these Sikh history paintings for the calendar from the 1970s to early 2000s.
A key figure involved in the publishing of the bank's Sikh calendar was Makhan Singh, who had earlier served as the president of the All-India Sikh Students Federation in the 1960s. Another important person was Principal Satbir Singh, who had been involved in the Dharam Parchar Committee of the SGPC and one of the founders of the Central Sikh Museum in Amritsar in 1958. In 1979, the bank hosted a large ceremony commemorating the 500th birth anniversary (gurpurab) of Sri Guru Amar Das Sahib Ji, marking the observation by opening its 500th branch in Goindwal. The celebration would be marked by the release of a postage-stamp by the Government of India reproducing artwork that had been commissioned of the artist Devender Singh. The PSB also created an archive of devotional music (kirtan) at Jalandhar and commissioned and published illustrated books for Sikh children.
Sadly, during Indira Gandhi's regime, the bank was forcibly nationalized in 1980 by the Indian central government and it has since lost its Sikh character. Dr. Inderjit Singh died in 1998. The bank used to have its past Sikh history calendars available for viewing/download on its website as recently as 2023 but even that has been silently removed in its latest website. The Sikh history of the bank has become a page in the history books and it now functions as an "Indian bank" rather than a Sikh one. The loss of an independent Sikh bank is such a gaping hole for the Sikh Panth, especially in today's world where banks rule supreme financially in the World Order, as seen by the power the United States of America wields over the world with its banking system and the American dollar as the world's reserve currency.
If you would like to see the Sikh history paintings the bank commissioned for its annual, illustrated Sikh calendar, the original paintings were later donated to the Bhai Mati Das Museum in Delhi due to the request by Kar Seva Baba Harbans Singh.
Images:
- Portrait of Dr. Inderjit Singh, published as cover-art for the book 'Dr Inderjit Singh: The Extraordinary Life Journey of an Illustrious Banker' (2025) by Aditi Chakraborty.
- From L to R: Satbir Singh, Makhan Singh, Tejvir Singh (the printer), Bodhraj (holding the calendar on the left), Devender Singh, Inderjit Singh (holding the calendar on the right), Tript Kaur and Damyant Kaur (members of Inderjit Singh’s family), releasing the PSB wall calendar on Guru Amar Das’s 500th birth anniversary in 1979. Source: Photo courtesy of Makhan Singh.
- Makhan Singh (extreme right) explaining the paintings at the PSB’s exhibition at Gurdwara Bangla Sahib, New Delhi, 1998. Source: Photo courtesy of Makhan Singh.
- The Protective Sheet Spread over the Entire Universe. Pages from the illustrated table calendar issued by the PSB in 1979 to mark the International Year of the Child. An episode from Guru Tegh Bahadur’s childhood is illustrated here. See Appendix 1 for the Source: Kanika Singh and Devender Singh.
- First-day cover and postage stamp commemorating Guru Amar Das. 1979. Released by the Indian Posts and Telegraph Department, Government of India. The left-hand panel features a painting by Devender Singh illustrating the story of Mughal emperor Akbar’s visit to Guru Amar Das: the Guru instructed the emperor to first participate in the common meal with the community, only then was an audience with him possible. Source: Kanika Singh and Devender Singh.
- A page from PSB calendar issued in 1975. Photo: Kanika Singh
- Mata Khivi by Devender Singh. This paintings was commissioned by the bank to be reproduced for its calendar and now the original painting is displayed at a museum. History painting on display at Bhai Mati Das Museum. 2012. Photo: Kanika Singh
- Photograph of S. Tarlochan Singh, Bhai Vir Singh, and Sir Sundar Singh Majithia, founders of Punjab & Sind Bank, 1907. Digitized by the Panjab Digital Library.
- Screenshot of the bank's 2023 website, showing the calendars available for download and other Sikh-related heritage. None of this is now available on their website. It has all been wiped-clean. The bank's Sikh history is being actively forgotten today.
Reference: 'The Story of a Sikh Museum: Heritage, Politics, Popular Culture' (Cambridge University Press, 2025) by Kanika Singh