Punjab National Bank’s Greater Noida Sector Pi-1 branch faces allegations that about ₹35 crore is missing, with customers saying savings and fixed deposits were affected without their consent. Multiple account holders claim bank staff prematurely closed fixed deposits and transferred funds to other accounts. Some customers also allege delays in updating passbooks and transaction statements, which they say prevented earlier detection of suspicious activity.
Police have registered a case, and PNB has suspended five employees, including the branch manager, as the matter is investigated. NDTV reports that police cite suspensions by bank management and the filing of the case at the Beta-2 police station, which covers the branch, while also noting assurances from the bank to address complaints. Times of India similarly frames the story around customers’ accusations of embezzlement linked to fixed deposit closures and transfers. The Free Press Journal adds that customers staged demonstrations and describes specific accounts raised in claims, while also noting that the bank and police have not officially confirmed the ₹35 crore figure.
