RBI imposes penalty of Rs 3.6 lakh on PNB for currency chest shortage

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PNB · price

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Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹121.75

prior close

₹126.50

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+2.6%-0.8% vs market

Public Sector Bank peers, median of 11sector+2.0%-0.3% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty 100 and 0.3 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.5

10m

-2.4

15m

-2.1

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+2.6-0.8+2.0-0.3

Next day

+1.5+2.8-1.3+2.8-1.3

+1.8+2.3-0.5+3.3-1.5

+0.6+2.5-1.9+3.5-2.9

+1.3+3.2-1.9+4.5-3.2

+1.1+3.5-2.4+4.1-3.0

-0.8+3.1-3.9+3.9-4.7

15d

+7.6+1.8+5.8+12.4-4.8

-0.3-2.1+1.8+7.4-7.7

-12.4-8.1-4.3-5.7-6.7

-10.6-2.4-8.2-4.2-6.4

UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Punjab National Bank disclosed that the Reserve Bank of India has imposed a monetary penalty of Rs 2.5 lakh and Rs 1.1 lakh (total Rs 3.6 lakh) on the bank. The penalty, received on 02 February 2026, relates to shortage of notes at the bank's currency chest. The financial impact is limited to the penalty amount only.

Likely market impact

Very minor penalty; unlikely to materially affect the bank's financials, operations, or share price.