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1. www.hindustantimes.com › business › rbi-penalizesRBI penalizes five banks, including PNB, for regulatory non ...

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   The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.

2. www.livemint.com › money › personal-financeRBI imposes penalty on five banks including PNB for ... - Mint

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   9 hours ago · The Reserve Bank of India (RBI) penalised five banks including Punjab National Bank (PNB) with various RBI directions, reported The Economic Times. RBI imposed a penalty of ₹1.31 crore on PNB ...

3. in.investing.com › news › stock-market-newsRBI fines Punjab National Bank for breach of rules By IANS

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   20 hours ago · Mumbai, July 6 (IANS) The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank (NS: PNBK) for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of KYC norms. The RBI has in its statutory inspection found that PNB “sanctioned ...

4. www.freepressjournal.in › mumbai › rbi-imposes-heavyRBI Imposes Heavy Penalties On 5 Banks Including PNB For ...

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   3 hours ago · The public sector Punjab National Bank (PNB) faced the wrath of the banking regulator imposing penalties of Rs 1.31 crore for flouting RBI regulations on loans and advances statutory and others ...

5. legal.economictimes.indiatimes.com › newsRBI fines Punjab National Bank for breach of rules - ET ...

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   7 hours ago · Updated On Jul 6, 2024 at 06:03 PM IST. The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on 'Loans and Advances - Statutory and Other Restrictions' and breach of KYC norms. The RBI has in its statutory inspection found that PNB "sanctioned ...

6. zeenews.india.com › personal-finance › rbi-penalizesRBI Penalizes Five Banks, Including PNB, For Regulatory Non ...

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   14 hours ago · The penalty on PNB was imposed on July 3, 2024. The RBI said, "The Reserve Bank of India (RBI) has, by an order dated July 03, 2024, imposed a monetary penalty of Rs 1,31,80,000 (Rupees One crore thirty-one lakh eighty thousand only) on Punjab National Bank (the bank) for non-compliance with certain directions issued by RBI."

7. bfsi.economictimes.indiatimes.com › news › bankingRBI imposes Rs 1.31 cr penalty on Punjab National Bank

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   17 hours ago · The RBI on Friday said it has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non-compliance with certain directions related to KYC and ' loans and advances '. The Reserve Bank said it conducted a statutory inspection of the bank with reference to its financial position as on March 31, 2022. A notice was issued to the bank.

8. People also ask

   What is the main office of Punjab National Bank?

   • Punjab National Bank main office as Registered and Head office is in New Delhi, India. Punjab National Bank Provides Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management.

   Punjab National Bank Contact Information, Head Office, Email ID

   companycontactinformation.com/punjab-national-bank-contact-information-head-office-email-id/

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   What is the penalty imposed on Punjab National Bank?

   • The penalty on PNB was imposed on July 3, 2024. The RBI said, "The Reserve Bank of India (RBI) has, by an order dated July 03, 2024, imposed a monetary penalty of Rs 1,31,80,000 (Rupees One crore thirty-one lakh eighty thousand only) on Punjab National Bank (the bank) for non-compliance with certain directions issued by RBI."

   RBI Penalizes Five Banks, Including PNB, For Regulatory Non-Complianc…

   zeenews.india.com/personal-finance/rbi-penalizes-five-banks-including-pnb-for-regulatory-non-compliance-in-first-week-of-july-2763903.html

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   Why did Punjab National Bank impose a wrath of RBI?

   • The public sector Punjab National Bank (PNB) faced the wrath of the banking regulator imposing penalties of Rs 1.31 crore for flouting RBI regulations on loans and advances statutory and others restrictions and KYC norms. The Reserve Bank of India (RBI) imposed heavy penalties on five banks for regulatory non compliances.

   RBI Imposes Heavy Penalties On 5 Banks Including PNB For Regulatory …

   www.freepressjournal.in/mumbai/rbi-imposes-heavy-penalties-on-5-banks-including-pnb-for-regulatory-non-compliance

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   What are the subsidiaries of Punjab National Bank?

   • Subsidiaries: PNB Housing Finance Limited, PNB Metlife Finance Limited, PNB Investments Services Limited, PNB (International) Limited, PNB Gilts Ltd. The company has millions of customers and they always try to find Punjab National Bank details including office address, customer care, social pages on the internet.

   Punjab National Bank Contact Information, Head Office, Email ID

   companycontactinformation.com/punjab-national-bank-contact-information-head-office-email-id/

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