Corporate Announcement
Security Code : 533295    Company : PSB    
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015Download PDF Download XBRL
  Exchange Received Time  03/08/2019 18:01:00         Exchange Disseminated Time   03/08/2019 18:01:06              Time Taken   00:00:06
We advise that the Reserve Bank of India in exercise of powers conferred under Section 47(A)(1)(c) read with Section 46(4)(i) and Section 51 of the Banking Regulation Act, 1949, has imposed a penalty of Rs.1 Crore (Rupees one crore only) on Punjab & Sind Bank for delay in reporting fraud in M/s Kingfisher Airlines Limited.

We request you to take note of the above pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.


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