PNB fined ₹4.34 Lakh by RBI for operational guideline non-compliance

Punjab National Bank (PNB) has been imposed a monetary penalty of ₹4,33,900 by the Reserve Bank of India (RBI). The penalty is due to non-compliance with the operational guidelines of Currency Chests as per RBI's Master Directions. The bank received the order on August 20, 2026. The impact on PNB's financial or operational activities is limited to the amount of the penalty.