Stern action will be taken against those found responsible
FinTech BizNews Service
Mumbai, 29 October, 2026: Punjab National Bank (PNB) has taken serious cognisance of the complaints regarding alleged financial irregularities involving certain customer fixed/SB deposit accounts at its Greater Noida branch. The matter is being examined on priority and the Bank is extending full cooperation to the authorities concerned and is taking necessary steps to verify the facts, assess the extent of the reported discrepancies and address the concerns of affected customers.
Moreover, three claims amounting to Rs43 lakh had been settled as of yesterday. The Bank assures its customers that all genuine claims will be honoured.
PNB maintains a zero-tolerance policy towards fraud, financial irregularities and misconduct, and stern action will be taken against those found responsible, in accordance with applicable rules and procedures. The Bank remains committed to safeguarding customer interests, upholding the highest standards of operational integrity, and continually strengthening its internal controls and monitoring mechanisms to reinforce safeguards and prevent the recurrence of such incidents.
