Punjab National Bank (PNB) has faced penalties imposed by the Reserve Bank of India (RBI). The total penalties amount to ₹2,50,000 and ₹1,10,000. The penalties are related to a shortage of notes at a currency chest, with the impact being limited to the amount of the penalty. The date of receipt of the direction from RBI was February 2, 2026.
RBI Penalty on PNB
Punjab National Bank has been subjected to penalties by the Reserve Bank of India (RBI), according to an announcement made on February 2, 2026. The penalty includes two amounts: ₹2,50,000 and ₹1,10,000.
Reason for the Penalty
The reason cited for the penalties is a shortage of notes at a currency chest. The impact on the bank’s financials and operations is stated as being only to the extent of the penalty amount. This announcement provides transparency regarding regulatory actions affecting Punjab National Bank.
Source: BSE
