The Greater Noida Bank Heist: How PNB Customers Lost Rs 35 Crore Without a Single Alert

Scores of Punjab National Bank customers in Greater Noida find their accounts drained of Rs 35 crore despite receiving no transaction alerts or signing any documents.

Gaurav Sen
By Gaurav Sen
Senior Editorial Director & Lead Geopolitical Analyst
•1 min read•0 views
Share:
Anxious bank customers gathered outside a PNB branch in Greater Noida during the investigation of a multi-crore fraud.
Account holders gather outside the Punjab National Bank branch in Greater Noida following the discovery of unauthorized transactions draining Rs 35 crore.

A Silent Financial Drain

In what is turning out to be one of the most baffling banking frauds in the National Capital Region, dozens of account holders at a Punjab National Bank (PNB) branch in Greater Noida have discovered cumulative losses totaling an astounding Rs 35 crore. The victims report a chilling pattern: their life savings vanished without a single warning, text message, or verification call.

According to affected customers, no transaction alerts were received on their registered mobile numbers, and no physical documentation or digital authorizations were ever signed to facilitate these massive fund transfers.

Victims Left in the Dark

The scale of the breach only came to light as individual account holders routinely checked their passbooks or mobile applications, only to find zero balances or unauthorized credit lines activated in their names. For many local businessmen and salaried professionals who entrusted their savings to the prominent public sector lender, the realization has been devastating.

"We received absolutely no message, and we certainly signed no document authorizing any such movement of funds," said one distressed account holder, echoing the sentiments of dozens gathered outside the bank branch to demand answers.

Investigation and Bank Response

As public pressure mounts, local law enforcement and cybercrime units have stepped in to investigate the breach. Investigators are probing potential internal collusion, sophisticated malware attacks, or systemic vulnerabilities within the branch's database management systems.

Senior banking officials have stated that an internal audit is currently underway to trace the destination of the diverted funds and to determine the exact vector used to bypass standard two-factor authentication protocols. Daily News 365 will continue to follow this developing story as regulatory bodies demand accountability from the institution.

Gaurav Sen

About Gaurav Sen

Senior Editorial Director & Lead Geopolitical Analyst

Senior Editorial Director and investigative correspondent covering national affairs, international relations, defense, and economic policy for Daily News 365.

@gauravsen_newsgaurav.sen@globalnews365.com