Punjab National Bank has informed the Exchange about General Updates
PNB · price
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Punjab National Bank has disclosed that the Reserve Bank of India imposed a monetary penalty of Rs. 5,66,500 on the bank, with the order dated 10 March 2026. The penalty relates to a shortage of notes at a currency chest operated by the bank. The disclosure was filed under Regulation 30 of SEBI LODR Regulations, 2015. The bank has clarified that the financial impact is limited only to the amount of the penalty itself.
This is a small operational penalty with negligible financial impact for a large public-sector bank like PNB and is unlikely to materially affect shareholders or the stock price. It may, however, draw some attention to internal controls at the bank's currency chest operations.