PNB scam: Vipul Ambani, senior executive of Nirav Modi firm gets bail
Mumbai| A special CBI court here today granted bail to Vipul Ambani, a senior executive of a firm owned by diamantaire Nirav Modi, in the multi-crore...
Tag : PNB
ED to seek fugitive tag for Choksi after court takes cognisance of chargesheet
The agency had charged Choksi and his three firms – Ms Gitanjali Gems Ltd, Ms Gili India Ltd and Ms Nakshatra Brand Ltd. Mumbai/New...
Interpol issues Red Corner notice against Nirav Modi
New Delhi | Interpol on Monday issued a Red Corner Notice against absconding businessmen Nirav Modi in connection with the multi-crore Punjab National Bank (PNB) scam....
PNB fraud: Investigation finds former bank manager guilty of clearing transactions
by News Desk
Months after being scammed by Nirav Modi and Mehul Choksi, the PNB suggested that there were several loopholes in the monitoring operations at its Brady...
PNB puts 6,900 loan recovery cells to recover bad loans
by News Desk
Punjab National Bank (PNB) has set up a loan recovery cells in all of its 6,900 branches each and about 25,000 employees will be deployed...
Public Sector Banks write off Rs 1.20 lakh crore on 2018
by News Desk
Public banks have written off bad loans worth a whopping Rs 1.20 lakh crore, an amount that is nearly one-and-a-half times more than their total...
Hong Kong regulator up-scales supervision of PNB’s HK branch
by News Desk
State-owned Punjab National Bank (PNB) today said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it...
Hong Kong regulator up-scales supervision of PNB’s HK branch
by News Desk
State-owned Punjab National Bank (PNB) today said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it...
RBI Governor seeks more powers to effectively regulate Public Sector Banks
by News Desk
RBI Governor Urjit Patel today made a strong case for more powers to effectively regulate public sector banks (PSBs) as lawmakers asked him tough questions...
PNB failed to check Nirav Modi-Mehul Choksi fraud, says RBI
by News Desk
The Reserve Bank of India (RBI) on Tuesday blamed Punjab National Bank (PNB) of the $2-billion Nirav Modi-Mehul Choksi fraud, and accused the state-run lender of furnishing...