02:27 pm: This is a standalone incident. It has taken place only in one of our branches: Sunil Mehta, MD PNB
02:23 pm: Right now we are also examining the entire working system so that details can come to light: PNB
02:20 pm: We cannot blame anybody until the investigation process is complete; those found guilty will not be spared: PNB
02:19 pm: Two of our employees were involved in unauthorised transactions and we have already taken action against them, further actions in this regard are also underway: PNB
02:17 pm: We detected this irregularity in the 3rd week of January and approached the CBI on January 29: PNB
02:16 pm: We are in regular contact with the concerned authorities on the further course of action. We once again want to say that we believe in clean banking: PNB
02:15 pm: Through this press conference, we want to assure everyone that we do not promote any fraudulent activities. We believe in clean banking and we will resolve the issue: PNB
02:14 pm: We are trying our best to protect the financial details of the bank as it is a very sensitive issue. I request you all to cooperate and give us time to expose the culprits in this regard: PNB
02:13 pm: We want to assure all of you that we are taking strict actions against the guilty employees or customers: PNB
02:12 pm: We have initiated strong legal actions as soon as we came to know about such fraudulent activities and you can be sure of fruitful actions: PNB
02:11 pm: We want cooperation from all of you to bring down the fraudulent activities going on currently: PNB
02:10 pm: PNB is a 123 year old institution. We have seen various ups and downs but have always come out with flying colours: PNB addressing media in Delhi
02:09 pm: Punjab National Bank (PNB) addresses media in Delhi over Nirav Modi case (ANI)
02:06 pm: I don't remember him. There are so many people who meet me. Amarnath Mishra shouldn't spoil environment by speaking lies. He is a man who doesn't want matters to be resolved. I ask govt to take action against him: Salman Nadvi on Amarnath Mishra's claims that he demanded money (ANI)
02:01 pm:
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