
Special Investigation Team Formed After ₹17 Crore Fake Currency Found at PNB
Three bank officials were suspended following a preliminary inquiry after a large cache of counterfeit notes was discovered in a Punjab National Bank vault.
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Three bank officials were suspended following a preliminary inquiry after a large cache of counterfeit notes was discovered in a Punjab National Bank vault.
Authorities have filed an FIR after discovering that genuine currency worth ₹7.4 crore was exchanged for counterfeit money at a Punjab National Bank vault in Saharanpur, implicating bank staff and private individuals.
Analysts have provided stock market recommendations for May 5, 2026, with Lupin and KEI Industries suggested as buy calls, while Bharat Forge and Punjab National Bank are recommended as sell calls.
Appearing defiant in a London civil trial, Nirav Modi denied owing Bank of India over $10.7 million and accused Indian agencies CBI and ED of destroying his businesses, asserting no fraud against Punjab National Bank.

They have been accused of cheating Punjab National Bank and the erstwhile United Bank of India, since merged with PNB, causing a loss of over ₹1,085 crore, according to the FIR
The Chief Executive of Punjab National Bank highlighted a noticeable uptick in private sector capital spending and expressed confidence in navigating the current interest rate landscape.

Punjab National Bank (PNB) has been ordered to refund an Uttar Pradesh man Rs 6.6 lakh after a fraud was committed by one of its own employees.

The Chandigarh consumer Commission has found Punjab National Bank (PNB) liable for illegally closing a locker and ordered the bank to pay ₹1 crore in compensation.

The Delhi High Court has questioned the dismissal of a Punjab National Bank officer on his retirement day after 37 years of service, asking why only one officer was singled out.
State-owned Punjab National Bank announced plans to raise up to $1 billion via medium-term notes, while foreign currency non-reserve deposits are projected to surpass $2.5 billion.
India's Punjab National Bank (PNB) is increasing its cybersecurity spending in response to growing risks posed by advanced AI models, including Anthropic's Mythos. This move reflects rising concerns over AI-related threats in the financial sector.

Three retired officials from Punjab National Bank (PNB) and five other individuals have been convicted in a case involving bank fraud.
A UK court has denied Nirav Modi a fresh attempt to appeal his extradition, leaning on India's assurances regarding his treatment, bringing him closer to facing charges for the Punjab National Bank fraud.