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Punjab National Bank

Sebi exempts govt from PNB open offer; directs reducing non-public holding post capital infusion

In February, Punjab National Bank filed an application on behalf of the central government seeking exemption from open offer requirement under takeover regulations.

Mar 28, 2019, 10:48 AM IST

Long time before Nirav Modi is extradited: Top UK law expert

Modi was held after a UK court executed an arrest warrant issued against him by the Westminster Court on March 13, which was described as "a major victory" by India.

Mar 20, 2019, 18:55 PM IST

Fugitive businessman Nirav Modi arrested in London

Fugitive diamond merchant Nirav Modi has been arrested in London on Wednesday in connection with the Rs 13,000-crore PNB scam in India. He will appear in custody at Westminster Magistrates' Court.

Mar 20, 2019, 15:18 PM IST

Top 5 agendas of the day, 19th March, 2019

This segment of Zee News brings top 5 news stories of the day. Watch this video to know the latest updated news headlines.

Mar 19, 2019, 10:20 AM IST

London court issues arrest warrant against PNB scam accused Nirav Modi: Officials

In a big diplomatic win for the Indian government, Westminster Court in London on Monday issued an arrest warrant against diamantaire Nirav Modi based on Enforcement Directorate's request for his extradition to India. Watch this video to know more.

Mar 19, 2019, 08:06 AM IST

ICRA upgrades outlook on PNB, BoI, 2 other lenders

Following infusion of capital in these banks, their financial health improved leading RBI to remove them from Prompt Corrective Action (PCA).

Mar 15, 2019, 12:40 PM IST

PNB cuts MCLR rates by 10 bps from March 1

The three-year MCLR has been cut to 8.65 percent.

Feb 28, 2019, 13:10 PM IST

ED attaches properties worth Rs 147 crore belonging to Nirav Modi

The Enforcement Directorate (ED) on Tuesday attached properties belonging to absconding diamantaire Nirav Modi and his associate companies worth Rs 147 crore under sections of the Prevention of Money Laundering Act (PMLA).

Feb 26, 2019, 13:42 PM IST

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

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 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

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

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

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 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

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

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 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

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

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