PNB says has ability to recover after uncovering giant $1.77 bn fraud
The loan fraud, the largest ever in Indian history has sent PNB's shares tumbling about 20% this week
Feb 15, 2018, 16:49 PM ISTWest Bengal CM Mamata Banerjee demands time bound probe into PNB fraud
Mamata Banerjee on Thursday demanded a thorough and time-bound investigation into the fraud in Punjab National Bank.
Feb 15, 2018, 16:37 PM ISTSensex ends around 34,300 mark; Nifty near 10,550
The benchmark indices Sensex, Nifty gained up to 0.42% on value buying by investors after recent losses on easing inflation worries and positive global cues.
Feb 15, 2018, 16:14 PM ISTMamata Banerjee demands time bound probe into PNB fraud
West Bengal Chief Minister Mamata Banerjee today demanded a thorough and time-bound investigation into the fraud in state-owned Punjab National Bank.
Feb 15, 2018, 16:13 PM ISTWill not spare anyone found guilty in $1.8 billion scam, says PNB chief
ED on Thursday launched a nationwide raid on the offices, showrooms and workshops of billionaire diamond trader Nirav Modi.
Feb 15, 2018, 15:59 PM ISTBlame game begins as Nirav Modi flees India, BJP claims PNB fraud took place under UPA
Rahul Gandhi had attacked PM Narendra Modi over reports that billionaire jeweller Nirav Modi, who is under Enforcement Directorate scanner for a multi-crore fraud, has fled India.
Feb 15, 2018, 15:54 PM ISTPNB fraud: Nirav Modi left India with family in 1st week of Jan; lookout notice issued
CBI received complaint from PNB on January 29 and issued lookout circular against him after registering first FIR on January 31.
Feb 15, 2018, 14:57 PM ISTBank taking action against employees involved in $1.77 bn fraud: PNB Chairman
PNB has suspended 10 officers over the scam and referred the matter to CBI for investigation.
Feb 15, 2018, 14:38 PM IST'Hug PM Modi...steal 12000 cr': Rahul Gandhi tweets 'guide to looting India' over Nirav Modi fraud
Nirav Modi has been booked by the CBI for cheating after PNB filed a complaint alleging that the jewellery firm owner entered into a criminal conspiracy with the officials of the bank and cheated it.
Feb 15, 2018, 14:28 PM ISTPNB identifies lenders over LoUs issued in Nirav Modi fraud case
The LoUs were issued on behalf of Diamond R US, Solar Exports, Stellar Diamonds.
Feb 15, 2018, 14:23 PM ISTWho is Nirav Modi, the jeweller in the centre of PNB fraud
Nirav Modi comes from a family of diamond brokers in Antwerp, Belgium.
Feb 15, 2018, 13:12 PM ISTCan 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 ISTPNB fraud case: ED team raids several offices, showrooms of Nirav Modi
PNB has sent a complaint CBI alleging that Modi entered into a criminal conspiracy with the officials of the bank.
Feb 15, 2018, 11:42 AM ISTMarket opens higher; Jewellery stocks in focus on PNB fraud
Shares of PNB were down 7.37 percent to Rs 135.05 a piece at 9:24 am.
Feb 15, 2018, 09:26 AM ISTPNB fraud: Finance Ministry asks all banks to present status report as soon as possible
This could be the biggest banking fraud in India as its quantum was bigger than an estimated 9,000 crore scam at erstwhile Satyam computers.
Feb 15, 2018, 09:08 AM IST