Punjab National Bank

PNB 'scam' blown out of proportion, haven't done anything wrong: Nirav Modi tells court

PNB 'scam' blown out of proportion, haven't done anything wrong: Nirav Modi tells court

Nirav Modi was responding to the Enforcement Directorate's application in the PMLA court to declare him a fugitive offender under new Fugitive Economic Offenders Act.

Jan 05, 2019, 12:17 PM IST
Interpol issues Red Corner Notice against Mehul Choksi: CBI

Interpol issues Red Corner Notice against Mehul Choksi: CBI

Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 7,000 crore, has taken citizenship of Antigua.

Dec 13, 2018, 14:07 PM IST
Fitch affirms PNB's Issuer Default Rating

Fitch affirms PNB's Issuer Default Rating

Fitch said it expects credit costs to remain elevated, with ageing provisions adding to the burden.

Nov 28, 2018, 12:44 PM IST
PNB posts Rs 4, 532 crore loss in Q2 as bad loans soar

PNB posts Rs 4, 532 crore loss in Q2 as bad loans soar

Shares of PNB were trading 1.01 per cent lower at Rs 73.50 apiece on BSE.

Nov 02, 2018, 13:48 PM IST
PNB plans to sell non-core assets of over Rs 8,000 cr this fiscal

PNB plans to sell non-core assets of over Rs 8,000 cr this fiscal

The bank has already sold some of the fixed assets and have realised Rs 400 crore from these assets.

Oct 15, 2018, 17:50 PM IST
India's largest law firm had details of Nirav Modi's dealings with PNB, under scrutiny

India's largest law firm had details of Nirav Modi's dealings with PNB, under scrutiny

PNB in January alleged that billionaire diamond jeweller Nirav Modi and his uncle had for years fraudulently raised billions of dollars in foreign credit by conspiring with staff at the bank.

Sep 19, 2018, 06:22 AM IST
PNB invites bids from ARCs/FIs for 21 NPA accounts to recover Rs 1,320 crore

PNB invites bids from ARCs/FIs for 21 NPA accounts to recover Rs 1,320 crore

PNB said the submission of financial bids will be only through e-auction method which will take place on the bank's portal on September 20.

Sep 13, 2018, 11:18 AM IST
PNB scam: Govt dismisses former MD from service

PNB scam: Govt dismisses former MD from service

Ananthasubramanian was, three months back, divested of all her powers as MD of Allahabad Bank

Aug 13, 2018, 18:10 PM IST
Punjab National Bank posts Rs 940 crore loss in Q1

Punjab National Bank posts Rs 940 crore loss in Q1

Total income of the bank rose to Rs 15,072 crore from Rs 14,468.14 crore in the year-ago period.

Aug 07, 2018, 13:57 PM IST
India hands over Mehul Choksi's extradition request to Antigua

India hands over Mehul Choksi's extradition request to Antigua

India had requested authorities in Antigua and Barbuda to detain the PNB scam fugitive and to restrict his movements by land, sea and air.

Aug 05, 2018, 10:38 AM IST
PNB scam accused Mehul Choksi says not returning to India due to fear of mob lynching

PNB scam accused Mehul Choksi says not returning to India due to fear of mob lynching

Choksi has claimed that he faces a threat to his life not only from his former employees and debtors but also from jail staff and inmates.

Jul 24, 2018, 09:41 AM IST
No plans to close operations at Brady House branch in Mumbai: PNB

No plans to close operations at Brady House branch in Mumbai: PNB

PNB's Brady House branch in Mumbai had fraudulently issued LoUs for the group of companies belonging to Nirav Modi since March 2011.

Jul 04, 2018, 12:01 PM IST
PNB to shutter most operations in fraud-hit Mumbai branch: Sources

PNB to shutter most operations in fraud-hit Mumbai branch: Sources

The 123-year-old bank has lost more than half its market value since the fraud came to light in late January.

Jul 04, 2018, 06:31 AM IST
ED to seek fugitive tag for Choksi after court takes cognisance of chargesheet

ED to seek fugitive tag for Choksi after court takes cognisance of chargesheet

The special Prevention of Money Laundering Act court today took cognisance of a criminal prosecution compliant - chargesheet - filed by the agency against Choksi and 13 others on June 28 under the anti-money laundering law.

Jul 03, 2018, 17:49 PM IST
Interpol issues Red Corner Notice against Nirav Modi

Interpol issues Red Corner Notice against Nirav Modi

The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and make arrests in their respective countries.

Jul 02, 2018, 10:08 AM IST
PNB scam: Choksi moves court seeking cancellation of NBW

PNB scam: Choksi moves court seeking cancellation of NBW

In the application, he claimed that he cannot travel because of his medical condition.

Jun 28, 2018, 13:55 PM IST
Nirav Modi managed to travel across several countries despite Interpol alert: CBI

Nirav Modi managed to travel across several countries despite Interpol alert: CBI

Absconding diamantaire Nirav Modi managed to travel across several countries even after information about his passport being revoked by the Indian government was flashed in the Interpol central database on February 24, the CBI said on Monday.

Jun 18, 2018, 21:41 PM IST
Absconding diamond merchant Nirav Modi possesses 6 Indian passports, faces fresh FIR

Absconding diamond merchant Nirav Modi possesses 6 Indian passports, faces fresh FIR

Absconding diamond merchant Nirav Modi has been traced to Belgium by Indian intelligence agencies and his frequent travels, despite the revocation of his passport, have led the sleuths to unearth that of the six passports he held, two were active for quite some time.

Jun 17, 2018, 21:58 PM IST
CBI approaches Interpol, seeks Red Corner Notice against Nirav Modi

CBI approaches Interpol, seeks Red Corner Notice against Nirav Modi

The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and arrest them in their respective countries.

Jun 11, 2018, 17:48 PM IST
Chidambaram takes jibe at Centre over PNB scam

Chidambaram takes jibe at Centre over PNB scam

The Punjab National Bank (PNB) detected the multi-crore scam

Jun 11, 2018, 12:28 PM IST