Updates
Punjab National Bank has informed BSE that Reserve Bank of India (RBI) has imposed an aggregate penalty of Rs. 30 million (rupees thirty million only) on the Bank in exercise of powers conferred under Section 47 (A) (1) (c) read with Section 46 (4) (i) of Banking Regulation Act, 1949.The Bank has taken necessary preventive measures/comprehensive action plan to avoid its recurrence....25-07-2016