PNB suspends 12 staff after ₹11.24 crore vanishes
In short
PNB suspended 12 employees after alleged unauthorised withdrawals at its Greater Noida branch. The publisher-supplied summary says customer accounts lost ₹11.24 crore, and claims are under review.
This matters for affected customers and the bank’s controls. The reporting does not say who took the money or how the withdrawals happened.
What the reporting says
PNB suspended 12 employees after alleged unauthorised withdrawals at its Greater Noida branch and customer accounts reportedly lost ₹11.24 crore. The publisher-supplied summary says customer claims and an investigation are underway, but it does not state who took the money or how the withdrawals were carried out. The immediate fallout is staff action and an open probe into the missing funds.
Why it matters
PNB suspended 12 employees after alleged unauthorised withdrawals at its Greater Noida branch and reported customer losses of ₹11.24 crore. The available summary says claims and an investigation are underway, but it does not identify the employees, the method of withdrawal, or whether the full amount has been recovered. The event raises questions about branch-level controls and customer account security.