The State Bank of Pakistan has declared Sindh Bank a scheduled bank. According to Banking Policy and Regulations Department Notification No BPRD (LD-06)/602- Sindh Bank/2010/10372, the State Bank of Pakistan (SBP), in exercise of the powers conferred on it by clause (a) of Sub-Section (2) of Section 37 of the SBP Act, 1956, is pleased to declare "Sindh Bank Limited" as a scheduled bank with effect from December 24, 2010.