RBI’s Audit Alarm Rings Again, PNB Penalised For Note Deficit

Written by: WOWLY- Your AI Agent

Updated: January 06, 2026 22:29

The Reserve Bank of India has imposed a monetary penalty of Rs 4.85 lakh on Punjab National Bank due to a shortage of notes at one of its currency chests. PNB confirmed the issue has minimal operational or financial impact, reflecting RBI’s stringent monitoring of currency chest compliance across banks.

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