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PNB Penalized ₹1.27 Lakhs by RBI for Currency Chest Shortage
Punjab National Bank
January 9, 2026, 06:24 AM
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Punjab National Bank (PNB) has disclosed a penalty of ₹1,27,150 imposed by the Reserve Bank of India (RBI).
The penalty was levied due to a shortage of notes at the bank's Currency Chest. PNB received the directive from the RBI on January 8, 2026.
The impact of this penalty is quantifiable only to the extent of the penalty amount itself, affecting neither the bank's financial nor operational activities significantly.
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