PNB Fined Rs. 1.27 Lakh by RBI Over Currency Chest Shortage

New Delhi, January 9, 2026: Punjab National Bank (PNB) has disclosed that the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1,27,150 on the bank following a minor shortage of notes at one of its currency chests.

The bank, in a filing to the BSE (Scrip Code: 532461) and NSE (Scrip Symbol: PNB) under Regulation 30 of SEBI (LODR) Regulations, 2015, stated that the penalty was received on January 8, 2026 and is limited to the amount of the fine. The disclosure noted that the violation does not have any material impact on PNB’s financial or operational performance beyond the penalty itself.

PNB’s Company Secretary, Bikramjit Sorn, confirmed that the action was in compliance with RBI’s direction and emphasized that the bank continues to maintain stringent operational controls to prevent such occurrences in the future.

About PNB:
Punjab National Bank, headquartered in Dwarka, New Delhi, is one of India’s largest public sector banks, offering retail, corporate, and digital banking services nationwide. Known for its brand tagline “...the name you can BANK upon!”, PNB continues to expand its banking operations while adhering to regulatory norms.