Punjab National Bank (PNB) has been penalized by the Reserve Bank of India (RBI) with a monetary penalty of Rs. 1,27,150. The penalty was imposed due to a shortage of notes at a currency chest. The bank received the direction regarding the penalty on 08.01.2026. The impact on financial operations is limited to the extent of the penalty amount.
RBI Imposes Penalty
Punjab National Bank (PNB) has been subjected to a monetary penalty by the Reserve Bank of India (RBI). The details regarding this were officially disclosed on January 9, 2026.
Details of the Penalty
The penalty imposed by the RBI amounts to Rs. 1,27,150. This penalty arises from identified irregularities related to a shortage of notes discovered at one of the bank’s currency chests.
Date of Direction Receipt
PNB officially received the direction or order pertaining to this penalty on 08.01.2026. This marks the formal communication of the RBI’s decision to the bank.
Impact Assessment
The impact of this penalty on PNB’s financial operations is contained only to the extent of the penalty amount. This suggests the bank anticipates no further significant financial repercussions beyond the specified sum. No long-term operational impacts are foreseen at this time.
Source: BSE
