Punjab National Bank is among four banks that received interim protection from the Delhi High Court, which ruled that its non-encashment of Reliance Communications' Rs 800 crore bank guarantees will not be considered a Reserve Bank of India default until September 3. The court is hearing Punjab National Bank's challenge to the Department of Telecommunications' invocation of the guarantees, which the bank contends cannot be based on the Supreme Court's February 13 judgment on spectrum transfer.

Punjab National Bank is among the Indian banks planning to tap the overseas dollar bond market to take advantage of the Reserve Bank of India's concessional swap window, as part of a broader wave of bank issuances.

Punjab National Bank has entered into an exclusive memorandum of understanding with the Indian Army to offer two curated credit cards for serving personnel, the PNB LUXURA Metal Credit Card for officers and the PNB Parakram Credit Card for Junior Commissioned Officers and other ranks, offering benefits including 3 per cent cashback at Canteen Stores Department outlets and other lifestyle privileges.

Punjab National Bank received a Sell rating from Goldman Sachs with a target price of Rs 103, implying 12% downside, as part of the brokerage's coverage initiation on 14 Indian banks.

Punjab National Bank's Rs 114.09 crore bank guarantee furnished for Reliance Communications Limited's deferred spectrum payments was invoked by the Department of Telecommunications on August 15 as part of about Rs 801.91 crore in guarantees. The Supreme Court, hearing petitions by Reliance Communications' resolution professional along with Punjab National Bank and other banks, declined to preserve status quo and directed Reliance Communications to move the High Court.

Punjab National Bank is offering 6.45% interest on 3-5 year FCNR (B) US dollar deposits below USD 1 million as of August 17, 2026, following the RBI's June decision for the government to bear hedging costs on such deposits until August 31, 2026.