RBI imposes Rs 1.57 crore penalty for currency chest non-compliance
PNB · price
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The Reserve Bank of India imposed a monetary penalty of Rs 1,56,53,000 on PNB for non-compliance with currency chest operational guidelines. The order was received on 29 October 2026. The bank states the impact is limited to the penalty amount.
The penalty is a limited cost. PNB says the impact on financial and operating activities is limited to the penalty amount.