PNB Suspends 12 Staff, Files CBI Complaint Over Alleged ₹10 Crore Fraud
Punjab National Bank has suspended 12 employees and lodged a complaint with the Central Bureau of Investigation after detecting alleged unauthorized fund transfers carried out using a branch manager’s password. Preliminary findings indicate that a female employee may have collaborated with outside parties in the transactions. The bank’s internal assessment suggests the loss is below ₹10 crore, countering inflated claims circulating online.
