PNB: NSE Withdraws ₹3.35 Lakh Penalty for VAPT Vulnerabilities
NSE has withdrawn a ₹3.35 Lakh penalty imposed on Punjab National Bank for VAPT vulnerabilities for FY2024-2025. The withdrawal follows a Bank representation, adhering to SEBI's advisory on penalty levies.
The penalty amount of ₹3.35 Lakh is relatively small for a bank of PNB's size, and its withdrawal will have a minimal financial impact.
The withdrawal of a monetary penalty is a positive development for the bank, reducing a financial burden and resolving a compliance issue.
Punjab National Bank (PNB) has announced the withdrawal of a monetary penalty amounting to ₹3,35,000 (Rupees Three Lakh Thirty-Five Thousand only). This penalty was initially imposed by the National Stock Exchange of India Limited (NSE) for non-closure of Vulnerability Assessment and Penetration Testing (VAPT) vulnerabilities for the Financial Year 2024-2025.
The withdrawal follows a representation made by the Bank. It aligns with SEBI's advisory, which specifies that penalties for common Trading Members should exclusively be levied by their designated Allocated Exchange.
This disclosure is in continuation of PNB's earlier intimation dated June 11, 2025, regarding the original imposition of the penalty.
What to do with a filing like this
Punjab National Bank filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Punjab National Bank. Read the original for the full detail.