Search For "finance ministry"
PNB fraud: ASSOCHAM urges continuation of business lending
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 25 (ANI): While the 1.77 billion dollar Punjab National Bank (PNB) fraud shook the economy, the ASSOCHAM on Sunday urged that business lending should not be allowed to halt.
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ADB to give USD 84 mn for improving Bihar water supply
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 23 (ANI): The Finance Ministry will get a loan of USD 84 million from the Asian Development Bank (ADB) to improve water supply in the Bhagalpur and Gaya districts of Bihar.
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First sale of electoral bonds to begin in March
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 23 (ANI): The Finance Ministry on Friday authorised the State Bank of India (SBI) to issue and encash electoral bonds from March 1, 2018.
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'Finance Ministry writes to Hong Kong banks over PNB LOUs'
Updated : 8 years, 1 month ago IST
New Delhi [India] Feb 23 (ANI): Finance Ministry has written to Hong Kong branches of four Indian banks that received letters of undertaking (LoUs) from Punjab National Bank (PNB), said sources on Friday.
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PNB scam: SC moved seeking life imprisonment for defaulters
Updated : 8 years, 1 month ago IST
New Delhi [India] February 20 (ANI): A petition has been filed in the Supreme Court demanding life time imprisonment for those who will be convicted in the Punjab National Bank (PNB) fraud case.
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SC to hear plea against Nirav Modi on Feb 23
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 20 (ANI): The Supreme Court today agreed to hear a Public interest litigation (PIL) seeking "immediate deportation" of businessman and main accused in the Punjab National Bank (PNB) scam Nirav Modi on February 23.
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Fin Min negates reports claiming Indian banks could take hit of over USD 3
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 19 (ANI): The Finance Ministry on Monday rubbed off media reports claiming that Indian banks could take a hit of over USD three billion, in connection with Punjab National Bank (PNB) - Nirav Modi fraud case.
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PNB scam: CVC asks PNB, Fin Min for report
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 19 (ANI): The Central Vigilance Commission (CVC) on Monday asked the Punjab National Bank (PNB) and Ministry of Finance officials to submit a report on how the scam took place, despite monetary regulations being in place.
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PNB scam: CVC summons PNB, Fin Min officials
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 17 (ANI): After a major crackdown by Enforcement Directorate (ED), Central Bureau of Investigation (CBI) and Income Tax (IT) Department, one more law enforcement agency has swung into action in the Punjab National Bank (PNB) fraud case. The Central Vigilance Commis
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Rajnath assures 'effective action' in PNB fraud scam case
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 16 (ANI): Union Home Minister Rajnath Singh on Friday said that an effective action will be taken against the accused in the 1.77 billion dollars scam detected by Punjab National Bank (PNB).
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Over 50 Nirav Modi-linked companies will be raided: Fin Min sources
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 16 (ANI): Over 50 Nirav Modi-linked companies will be raided by the law enforcement agencies, including the Central Bureau of Investigation (CBI), Enforcement Directorate and Income Tax Department in connection with its money laundering probe and the f
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PNB capable of taking entire hit of Rs. 11,300 crore: Fin Min sources
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 16 (ANI): The Finance Ministry sources on Friday said that Punjab National Bank (PNB) is fully capable of taking the entire hit of Rs. 11,300 crore fraud.
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