PNB suspends Greater Noida Accher branch staff over ₹12cr fraud
Punjab National Bank has suspended everyone at its Accher branch in Greater Noida after farmers alleged that more than ₹12 crore was fraudulently transferred.
Farmers noticed money missing from their accounts when they tried to withdraw, which set off alarms.
The bank's head office had put the suspicious transactions on hold and says all affected customers will get their money back.
Investigations are on, with both PNB's team, the Central Bureau of Investigation, and an anti-corruption team from the state probing the matter.
Police register case against bank officials
Things got tense outside the branch on October 27 as protests broke out and more people came forward, 25 by October 28, 2026.
Victims like Amarpal and Sandeep lost big chunks of savings, including land compensation funds and fixed deposits that were closed without permission.
Police have registered a case against bank officials for breach of trust. An anti-corruption team from the state is also probing the matter.