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Punjab National Bank fraud

PNB scam: Will appear if I'm fit to travel, says Mehul Choksi to PMLA Court

Choksi is not fit to travel, so his statement can be recorded through video conferencing or ED officers can visit Antigua and take his statement, Choksi's lawyer told the court.

Nov 18, 2018, 17:07 PM IST

PNB scam: SFIO summons ICICI chief Chanda Kochhar, Axis Bank CEO Shikha Sharma

Both Kocchar and Sharma have been summoned for giving Rs 5,280 crore working capital facility to Mehul Choksi-promoted Gitanjali Group by a consortium of 31 banks.

Mar 06, 2018, 12:12 PM IST

PNB fraud: ED freezes Nirav Modi's bank account with Rs 30 crore balance

The Enforcement Directorate (ED), probing the role of diamond merchant Nirav Modi and his uncle Mehul Choksi, the promoter of Gitanjali Gems, in the Rs 11,400-crore alleged fraud at the Punjab National Bank (PNB), on Friday froze bank accounts with Rs 30 crore balance, shares of Rs 13.86 crore value held in Modi's company.

Feb 23, 2018, 11:03 AM IST

PNB fraud favouring Nirav Modi started in 2008, arrested bank officials tell CBI

The illicit activities resulting in fraud of Rs 11,300 crore occurred under the nose of top Punjab National Bank officials but they claimed to be unaware of the scam.

Feb 22, 2018, 15:10 PM IST

PNB fraud: ED seizes 9 luxury cars of Nirav Modi; freezes shares and mutual funds worth Rs 94 crore

ED froze mutual funds and shares worth Rs 7.80 crore belonging to Nirav Modi and MF and shares worth Rs 86.72 crore belonging to Mehul Choksi Group.

Feb 22, 2018, 10:34 AM IST

PNB scam: Residence of Gili's director sealed

The ED also seized several important documents related to the Punjab National Bank.

Feb 22, 2018, 09:07 AM IST

CJI Dipak Misra-led SC bench to hear Punjab National Bank scam case on Friday

The Supreme Court will hear a PIL seeking SIT probe into the Punjab National Bank scam.

Feb 20, 2018, 11:11 AM IST

How PNB fell victim to India's biggest bank fraud: All you need to know

The fraud, by far the biggest ever detected by an Indian bank, comes to light at a time when lenders, especially the state-run banks are hobbled by $147 bn in soured loans on their books.

Feb 15, 2018, 17:56 PM IST

Can Nirav Modi, Vijay Mallya leave India without BJP connivance: Arvind Kejriwal

Delhi Chief Minister Arvind Kejriwal has questioned the Narendra Modi-led Bharatiya Janata Party (BJP) government amid reports of billionaire jeweller Nirav Modi, who is under Enforcement Directorate scanner over Rs 280 crore fraud at Punjab National Bank.

Feb 15, 2018, 12:36 PM IST

Punjab National Bank detects $1.77 billion fraudulent transactions at Mumbai branch

PNB did not name the people involved but said it had reported the deals to law enforcement agencies and would evaluate later whether it faces any liability arising out of the transactions.

Feb 14, 2018, 13:38 PM IST