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
PNB to shutter most operations in fraud-hit Mumbai branch: Sources
The 123-year-old bank has lost more than half its market value since the fraud came to light in late January.
Jul 04, 2018, 06:31 AM IST
ED to seek fugitive tag for Choksi after court takes cognisance of chargesheet
The special Prevention of Money Laundering Act court today took cognisance of a criminal prosecution compliant - chargesheet - filed by the agency against Choksi and 13 others on June 28 under the anti-money laundering law.
Jul 03, 2018, 17:49 PM IST
Interpol issues Red Corner Notice against Nirav Modi
The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and make arrests in their respective countries.
Jul 02, 2018, 10:08 AM IST
PNB scam: Choksi moves court seeking cancellation of NBW
In the application, he claimed that he cannot travel because of his medical condition.
Jun 28, 2018, 13:55 PM IST
Nirav Modi managed to travel across several countries despite Interpol alert: CBI
Absconding diamantaire Nirav Modi managed to travel across several countries even after information about his passport being revoked by the Indian government was flashed in the Interpol central database on February 24, the CBI said on Monday.
Jun 18, 2018, 21:41 PM IST
Absconding diamond merchant Nirav Modi possesses 6 Indian passports, faces fresh FIR
Absconding diamond merchant Nirav Modi has been traced to Belgium by Indian intelligence agencies and his frequent travels, despite the revocation of his passport, have led the sleuths to unearth that of the six passports he held, two were active for quite some time.
Jun 17, 2018, 21:58 PM IST
CBI approaches Interpol, seeks Red Corner Notice against Nirav Modi
The Red Corner Notice will reportedly allow enforcement agencies of the member countries of Interpol to try to find and arrest them in their respective countries.
Jun 11, 2018, 17:48 PM IST
Chidambaram takes jibe at Centre over PNB scam
The Punjab National Bank (PNB) detected the multi-crore scam
Jun 11, 2018, 12:28 PM IST
Nirav Modi flees to UK claiming political asylum: Report
Both Nirav Modi and Choski are said to have left the country before criminal cases were lodged against them.
Jun 11, 2018, 09:43 AM IST
21 Public Sector Banks lost Rs 25,775 crore in bank frauds in 2017-18: RTI
The Punjab National Bank (PNB) had incurred the highest loss of Rs 6461.13 crore due to different cases of fraud during the fiscal .
May 28, 2018, 11:23 AM IST
Wilful defaults by PNB's big borrowers rise further to Rs 15,200 cr by April-end
The bank which posted a record loss of more than Rs 13,400 crore for the last quarter of 2017-18 closed the fiscal with big wilful defaults of Rs 15,171.91 crore, according to the PNB data.
May 21, 2018, 17:34 PM IST
Moody's downgrades PNB, cites negative impact of fraud on capital
The agency downgraded PNB's foreign currency issuer rating by a notch to 'ba1', which is non-investment grade, from 'Baa3'- meaning below investment grade.
May 21, 2018, 13:58 PM IST
