Punjab National Bank Legal & Regulatory
The RBI imposed monetary penalties totaling ₹8.60 Lakhs on Punjab National Bank for non-compliance with operational guidelines. The bank is upgrading its reporting systems to ensure compliance.
- Value
- ₹0.09 Cr
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The RBI imposed monetary penalties totaling ₹8.60 Lakhs on Punjab National Bank for non-compliance with operational guidelines. The bank is upgrading its reporting systems to ensure compliance.
PNB received an administrative warning letter from SEBI regarding alleged insider trading violations by six designated persons. No financial penalty was imposed on the bank.
Punjab National Bank received a monetary penalty of Rs. 4.33 Lakh from the RBI for non-compliance with currency chest operational guidelines.
Punjab National Bank was fined Rs. 3.78 Lakh (0.04 Crore) by the RBI for non-compliance with operational guidelines regarding Currency Chests.