
The tifo appeared to show an image of former Rangers manager Graeme Souness holding a gun.
The display was highlighted in the match delegate’s report.
Rangers have also been asked to comment on missiles, including a glass bottle, that appeared to be thrown on to the pitch from the stand.
Shortly after the 1-1 draw, Rangers released a statement condemning the throwing of a bottle and say steps had been taken to identify the culprit.
The club also described the banner as “unacceptable”.
Sunday’s game was the first meeting of Rangers and Celtic at Ibrox to be attended by away fans since January 2023.
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