LatestCompany Registration 30 October 2026
RBI Slaps ₹1.56 Cr Fine on Punjab National Bank for Compliance Lapses
The RBI has fined Punjab National Bank ₹1.56 crore for breaching Currency Chest operational guidelines. The bank said the sanction only affects the penalty amount and does not impact its overall financial position.
RBI imposes ₹1.56 crore penalty on Punjab National Bank (PNB) for non‑compliance with Currency Chest operational guidelines. Read the full RBI notice here.
- Violation of Currency Chest guidelines
- Penalty amount: ₹1.56 crore
- PNB says impact is limited to the fine
PNB confirmed the sanction will not affect its broader financial health and pledged to adhere to RBI directives moving forward.
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