Punjab National Bank has been penalized ₹4,33,900 by the Reserve Bank of India for failing to adhere to operational guidelines governing Currency Chests. The public sector lender disclosed the regulatory action in a filing to stock exchanges on August 21, 2026.

The penalty stems from violations of the Master Directions issued by the central bank regarding the management and operation of Currency Chests. The bank received the direction from the regulator on August 20, 2026.

Regulatory Details

Pursuant to Regulation 30 read with Schedule III Para A Sub Para 20 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank provided specific details regarding the contravention:

Financial Impact

The bank stated that the financial impact of this order is confined strictly to the monetary value of the penalty. No additional operational or financial consequences were disclosed in the filing.

The disclosure was signed by Bikramjit Shom, Company Secretary of Punjab National Bank.

Punjab National Bank has completed its non-deal investor roadshow on August 20, 2026, in Singapore and Hong Kong. The state-owned lender engaged with prospective institutional investors concerning its fund-raising activities through the Euro Medium Term Note (EMTN) program.

The bank scheduled one-on-one and group meetings with multiple institutional investors for the day. HSBC Bank organized the sessions in Hong Kong, while Citi Bank handled the engagements in Singapore. All meetings began at 10:00 am local time (SGT and HKT) and were held in person.

Meeting Details

The bank confirmed that no unpublished price-sensitive information was shared during the meetings. Discussions relied solely on publicly available documents. An investor presentation is expected to be shared in due course.

This disclosure was made in compliance with SEBI LODR Regulations 2015. The filing was signed by Bikramjit Shom, Company Secretary, on August 20, 2026.