The Navy players protested the referee's decision, but to no avail.
The experienced Jugraj Singh had given the Navymen the lead in the 19th minute when he slotted home from a penalty corner.
The match between PSB and Bengaluru HA was a goal fest as the lead changed hands at quick intervals as the two sides dished out fast-paced hockey.
Ashish Kumar Sharma was the star for the bankmen as he scored four goals, including two in the 46th and 57th minutes to secure victory.
PSB went ahead in the 12th minute through Sharma, but the Bengaluru team hit back in the very next minute through Pratap Lakra.
The score was 3-all at half-time.
It was the third straight loss for the Bengaluru team while it was the second win for PSB.
IOC has two wins and a draw while Indian Navy two wins, a draw and a defeat.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)