PNB

Denied permission to withdraw money from bank, Mumbai man dies without treatment

Denied permission to withdraw money from bank, Mumbai man dies without treatment

Ganesh Kamble, an Account holder of Punjab National Bank (PNB), was suffering from paralysis.

Apr 22, 2018, 12:38 PM IST
PNB to intensify 'Gandhigiri', targets to recover Rs 150 cr NPAs per month

PNB to intensify 'Gandhigiri', targets to recover Rs 150 cr NPAs per month

Under 'Mission Gandhigiri', a recovery mechanism launched by PNB in May 2017, a team visits the borrower's office or residence and sits there silently. Currently, there are 1,144 field staff members who are driving the mission.

Apr 22, 2018, 06:27 AM IST
CBI registers fresh case related to Rs 9 crore fraud at PNB branch

CBI registers fresh case related to Rs 9 crore fraud at PNB branch

The alleged embezzlement of around Rs 9.09 crore involved executives of a little-known firm called Chandri Paper and Allied Products.

Mar 15, 2018, 13:36 PM IST
PNB fraud overreaction may hugely hurt credit flow: Assocham

PNB fraud overreaction may hugely hurt credit flow: Assocham

Last month, Assocham had said that the PNB fraud that has rocked the banking system should not halt the process of corporate lending.

Mar 11, 2018, 17:04 PM IST
Over dozen PSBs to get Rs 46K crore capital infusion this month

Over dozen PSBs to get Rs 46K crore capital infusion this month

These banks, including SBI, PNB, Bank of Baroda, Central Bank, Union Bank and OBC, have called shareholders' meetings this month to pass the resolution to allot preferential shares to government so as to receive the capital.

Mar 09, 2018, 09:06 AM IST
PNB scam: In Parliament, Arun Jaitley may speak on banking fraud today

PNB scam: In Parliament, Arun Jaitley may speak on banking fraud today

The opposition has attempted to corner the government on the PNB scam and has demanded any debate in Parliament must happen only if Prime Minister Narendra Modi is present.

Mar 07, 2018, 09:58 AM IST
PNB scam: Rahul Gandhi leads Congress' protest, accuses BJP of shielding Nirav Modi

PNB scam: Rahul Gandhi leads Congress' protest, accuses BJP of shielding Nirav Modi

Rahul Gandhi has questioned BJP for 'allowing' Nirav Modi to escape from the country before concrete action could be taken against him.

Mar 06, 2018, 11:00 AM IST

Breaking 20-20: CBI arrests employees of Nirav Modi, Mehul Choksi

The Central Bureau of Investigations (CBI) has made more arrests in the $2 billion fraud case involving state lender Punjab National Bank (PNB), widening the investigation of the biggest banking fraud in the country’s history.

Mar 05, 2018, 10:30 AM IST
PNB official received gold, diamond jewellery as bribe from Nirav Modi: CBI

PNB official received gold, diamond jewellery as bribe from Nirav Modi: CBI

The CBI, which has arrested 14 people in the case, on Saturday for the first time said bribes were paid to at least one PNB official by Nirav Modi.

Mar 04, 2018, 10:03 AM IST
PNB fraud: Bank's former chief auditor sent to CBI remand till March 14

PNB fraud: Bank's former chief auditor sent to CBI remand till March 14

CBI has so far arrested at least 14 people, eight from the bank and six from companies owned by billionaire jeweller Nirav Modi and Mehul Choksi.

Mar 02, 2018, 19:03 PM IST
PNB scam now worth Rs 12,636 crore as CBI detects another fraud of Rs 1,251 crore

PNB scam now worth Rs 12,636 crore as CBI detects another fraud of Rs 1,251 crore

The Central Bureau of Investigation (CBI) on Tuesday said that PNB has informed the Bureau about a further scam involving Rs 1,251 crore.

Feb 27, 2018, 17:33 PM IST
'Thank God they spared the peon': BJP MP Shatrughan Sinha's stinger at Modi government over PNB scam

'Thank God they spared the peon': BJP MP Shatrughan Sinha's stinger at Modi government over PNB scam

He said that as the ultimate owner of the PSU bank, the Centre should have had a clue to what was going on.

Feb 27, 2018, 11:05 AM IST
PNB fraud: CBI writes to five banks; seeks details of Nostro transactions

PNB fraud: CBI writes to five banks; seeks details of Nostro transactions

On the basis of 293 fraudulent Letters of Undertaking issued by it to billionaire jewellers Nirav Modi and his maternal uncle Mehul Choksi.

Feb 26, 2018, 22:42 PM IST
Rs 90 crore was exchanged for billions at PNB hours before PM announced notes ban: Majeed Memon

Rs 90 crore was exchanged for billions at PNB hours before PM announced notes ban: Majeed Memon

Calling for an investigation into the alleged incident, Memon said that this was reported during the time absconding billionaire jeweller Nirav Modi left India.

Feb 25, 2018, 14:01 PM IST
PNB fraud: Arun Jaitley rules out privatisation of state-run lenders

PNB fraud: Arun Jaitley rules out privatisation of state-run lenders

FM Jaitley said that the Indian political opinion may not find favour with this idea itself as it's a very challenging decision.

Feb 24, 2018, 22:08 PM IST
Frauds push ease of doing business to background, scars take front seat: Arun Jaitley

Frauds push ease of doing business to background, scars take front seat: Arun Jaitley

Jaitley said that the unethical behaviour in the lender-borrower relation needs to end.

Feb 24, 2018, 12:47 PM IST
PNB fraud accused Mehul Choksi letter to employees: Full text

PNB fraud accused Mehul Choksi letter to employees: Full text

Mehul Choksi said he is facing a lot of problems due to the manner in which the multiple investigating agencies and government agencies are creating a "havoc, hell bent upon stopping the operations".

Feb 24, 2018, 11:50 AM IST
Can't pay salaries anymore, look for other jobs: Mehul Choksi writes to his employees

Can't pay salaries anymore, look for other jobs: Mehul Choksi writes to his employees

Mehul Choksi claimed that the agencies in India are 'hell bent' on stopping the operations of the company. 

Feb 24, 2018, 10:51 AM IST
CBI registers fraud case against Delhi-based jeweller

CBI registers fraud case against Delhi-based jeweller

The Central Bureau of Investigation (CBI) on Saturday registered a case against Delhi-based jeweller Dwarka Das Seth International for an alleged fraud worth Rs 389.95 crore towards Oriental Bank of Commerce.

Feb 24, 2018, 10:00 AM IST

News 50: ED seizes Nirav Modi's 9 Luxury Cars, Rolls Royce, Mercedes among them

ED seizes Nirav Modi's 9 Luxury Cars, Rolls Royce, Mercedes among them. Watch this video for more information.

Feb 23, 2018, 09:37 AM IST