Punjab National Bank
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PNB fraud: Congress attacks government, says a whistleblower had alerted PMO in 2016
National | Feb 15, 2018, 04:05 PM ISTRandeep Surjewala said whistleblower Hari Prasad had written to the Prime Minister's Office as early as July 2016, alerting the government about the "biggest bank loot scam in 70 years" in independent India.
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PNB fraud case: Nirav Modi left India with family in first week of January
Business | Feb 16, 2018, 04:38 PM ISTBillionaire jewellery designer Nirav Modi had left the country on January 1 much before the CBI received a complaint from Punjab National Bank on January 29 about a Rs 280-crore fraud.
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Punjab National Bank stocks slump for second consecutive day
Business | Feb 15, 2018, 03:04 PM ISTAround 2 pm, the scrips of the bank declined by 7.17 per cent to trade at Rs 135.35 per share, less by Rs 10.45 from the previous close at Rs 145.80.
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PNB scam: Punjab National Bank MD addresses media over Nirav Modi case
News | Feb 15, 2018, 03:01 PM IST -
Want cooperation from all of you to bring down fraudulent activities: PNB addresses PC over Nirav Modi
News | Feb 15, 2018, 02:45 PM IST -
PNB on Nirav Modi's Rs 11,400 crore fraud: 'Will take full capacity action against guilty'
Business | Feb 15, 2018, 04:58 PM ISTWe cannot blame anybody until the investigation process is complete; those found guilty will not be spared, the Punjab National Bank chief said.
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What is PNB scam and how India’s biggest banking fraud worth Rs 11,400 crore unravelled
Business | Feb 15, 2018, 02:28 PM ISTHow did two bank employees manage to help three business firms swindle such a large amount? Read on to understand what is PNB-Nirav Modi scam and how India’s biggest banking fraud worth Rs 11,400 crore unravelled.
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PNB fraud accused Nirav Modi said to have left the country
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ED raids at jeweller Nirav Modi's three locations in Surat, four in Mumbai & two in Delhi
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PNB cautions other banks about modus operandi of Rs 11,400 crore scam
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All you need to know about Nirav Modi, diamond moghul accused of Rs 11,400 crore PNB fraud
Business | Feb 15, 2018, 02:28 PM ISTCoined as India's youngest billionaire, Nirav Modi is deemed close to several powerful people.
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PNB-Nirav Modi fraud case: Enforcement Directorate registers money laundering case
Business | Feb 15, 2018, 12:13 PM ISTThe CBI had booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating PNB of over Rs 280.70 crore in 2017.
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After PNB fraud, big jewellers Gitanjali, Ginni, Nakshatra also under scanner
Business | Feb 15, 2018, 10:18 AM ISTPNB said in a statement that fraudulent transactions took place in one of its branches in Mumbai for the benefit of a few select account holders with their apparent connivance.
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PNB fraud case: Bank suspends 10 officials, jewellery designer Nirav Modi under CBI scanner
Business | Feb 14, 2018, 11:49 PM ISTThe Punjab National Bank (PNB) on Wednesday suspended 10 officials in connection with the billionaire jewellery designer Nirav Modi fraud case.
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PNB shares dip over 7% after fraudulent activities worth Rs 11,365 crore reported in Mumbai branch
Business | Feb 14, 2018, 02:08 PM ISTAfter the disclosure on Wednesday, the bank's share price slipped as much as 5.9 per cent in early trade ad continued the downward trend later in the day. At 13:45 hours IST, the stock price Punjab National Bank was quoting at Rs 150.15, down Rs 11.5
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Punjab National Bank raises interest rate on term deposits by up to 1.25 per cent
Business | Dec 31, 2017, 06:36 PM ISTAs per the new PNB rates, for domestic retail term deposits of less than Rs 1 crore with the tenure of 7 to 29 days, the rate has been increased by 1.25 percentage points to 5.25 per cent from the current 4 per cent.
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Frauds worth Rs 11,022 crore detected in PSU banks during April-December
Mar 22, 2015, 09:53 PM ISTNew Delhi: PSU banks have reported over 2,100 fraud cases involving a sum of Rs 11,022 crore in the first nine months of the ongoing fiscal, with PNB reporting the maximum number of such instances.An
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Selective capitalisation may impact smaller banks' growth: S&P
Mar 19, 2015, 06:15 PM ISTMumbai: Global ratings agency Standard & Poor's today said the government's move to selectively capitalise state-run banks is a welcome step but may impact the growth of smaller lenders who have been left out."In our
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Naresh Goyal pledges his entire 51% stake in Jet Airways to PNB, shares tank
Jan 14, 2015, 10:48 AM ISTMumbai: Jet Airways' main promoter and chairman Naresh Goyal has pledged his entire shareholding in the carrier of 51 per cent, valued at over Rs 2,600 crore, to state-run Punjab National Bank.Following the news the
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PNB revises interest rate on FDs by up to 0.5%
Jan 07, 2015, 09:40 AM ISTNew Delhi: State-owned Punjab National Bank (PNB) on Tuesday revised interest rate on fixed deposits by up to 0.5 per cent on various maturities."For deposits less than Rs 1 crore having maturity between 7-14 days,