Punjab National Bank on August 21, 2026, informed the stock exchanges through a BSE filing that the Reserve Bank of India had imposed a monetary penalty of Rs 4,33,900 on the bank. The PNB RBI penalty relates to non-compliance with the operational guidelines for currency chests prescribed under the central bank’s Master Directions.

The public sector lender made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to BSE Limited and the National Stock Exchange of India Limited.

PNB received RBI communication on August 20

According to the exchange filing, Punjab National Bank received the RBI’s direction or order on August 20, 2026. The bank disclosed the regulatory action to the exchanges the following day.

  • Authority: Reserve Bank of India
  • Action: Imposition of a monetary penalty
  • Penalty amount: Rs 4,33,900
  • Stated contravention: Non-compliance with operational guidelines for currency chests under RBI Master Directions

Currency chests operate within the regulatory framework laid down by the RBI. PNB’s filing did not provide further details about the specific operational lapse that led to the penalty.

Financial impact limited to penalty amount

Punjab National Bank said the impact on its financial, operational or other activities was limited to the amount of the penalty. The disclosure did not identify any additional financial liability or operational impact arising from the RBI action.

The filing was signed by company secretary Bikramjit Shom and issued from the bank’s head office in Dwarka, New Delhi. PNB shares are listed on BSE under scrip code 532461 and on the NSE under the symbol PNB.

The disclosure concerns a regulatory monetary penalty and does not describe the receipt of a commercial order, despite the classification appearing in the BSE headline supplied with the filing.

Source: BSE corporate announcement.