Executive Director M. Paramasivam announced that PNB has set aside ₹400 crore for cybersecurity, recognizing resilience as a core priority.

The bank has cut fraud resolution time from four hours to just 60 seconds, preventing losses and already saving more than ₹250 crore. This reflects a shift toward proactive protection rather than post-incident recovery.

PNB also manages broader risks. All foreign exchange and interest rate exposures are fully hedged, reducing vulnerability to market volatility.

Audits now close only after 100% rectification, a governance move ensuring no gaps remain unresolved and strengthening accountability across operations.

This approach elevates cybersecurity to the same level as asset quality and capital adequacy. It demonstrates how AI-driven, real-time monitoring can transform banking operations and justify large-scale investment.

PNB’s ₹400-crore allocation highlights that cybersecurity is no longer an IT expense but a strategic imperative. The gains are clear, yet the challenge lies in adapting continuously to evolving threats and regulatory expectations.