Public sector bank Punjab National Bank on Saturday signed a MoU with the government of Rajasthan. The objective of this understanding is to facilitate an investment of Rs 21,000 crore under the state government's 'Rising Rajasthan' initiative.
Sources indicate that the court was persuaded by arguments from India's Central Bureau of Investigation (CBI), which emphasised Choksi's history of evading legal proceedings across multiple jurisdictions. The CBI submitted that if granted bail, Choksi posed a significant flight risk and c
Alongside, the Bank also entered into an MoU with Software Technology Parks of India (STPI) to facilitate Indian startups with financial literacy and awareness, banking service needs, and registration with some financial institutions.
The arrest marks a significant development in India's efforts to bring to justice individuals involved in the Rs 13,000 crore Punjab National Bank (PNB) fraud case.
A court in Belgium has denied the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case. A three-judge bench heard arguments in Dutch before ruling against granting bail.
A Punjab National Bank (PNB) located in Madhya Pradesh's Indore district received a hoax bomb threat through an email on Thursday morning, a police officer said.
Choksi allegedly connived with his associates and other Punjab National Bank (PNB) officials from 2014 to 2017 and fraudulently obtained Letters of Undertaking and Foreign Letters of Credit from PNB, resulting in a wrongful loss of Rs 6097.63 crore to PNB.
Following the arrest of fugitive Indian businessman Mehul Choksi by the law enforcement authorities in Belgium, his lawyer, Vijay Aggarwal, stated that Choksi's "human rights" will be "greatly affected" if he is extradited back to the country.
India's toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB).