New Delhi, Oct. 30 -- Punjab National Bank (PNB) has suspended 12 employees and approached the Central Bureau of Investigation (CBI) after customers at its Greater Noida branch reported money missing from their savings accounts and fixed deposits. The bank suspects that a female employee, allegedly working with outsiders, used the branch manager's password to transfer money from customers' accounts without their knowledge.

PNB's preliminary assessment puts the amount transferred out of customers' accounts at less than Rs.10 crore. However, complaints filed by account holders have identified alleged losses exceeding Rs.11.24 crore, while some customers have estimated the total amount involved at nearly Rs.35 crore.

The suspensions at Pun...