Search For "punjab national bank"
PNB stock drops by 10 pc after detecting fraud by Bhushan Power and Steel
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): Shares of government-owned Punjab National Bank (PNB) fell over 10 per cent on Monday after it reported a borrowing fraud of Rs 3,805 crore in Bhushan Power and Steel Limited's (BPSL's) account.
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Equity indices fall post-Budget, auto stocks slide
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): Equity benchmark indices were lower during early hours on Monday after the Union Budget last week which investors believed did not contain any radical proposals to shore up capital markets.
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DRT Pune directs Nirav Modi to pay Rs 7300 crore with interest to PNB
Updated : 6 years, 8 months ago IST
Pune (Maharashtra)[India], July 06 (ANI): Pune's Debt Recovery Tribunal (DRT) on Saturday passed an order asking fugitive diamantaire Nirav Modi and his aides to pay Rs 7300 crore with interest to Punjab National Bank (PNB).
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RBI imposes penalty on four banks for non-compliance of KYC/AML rules
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
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PNB scam: Court sends Nirav Modi to judicial custody till July 25
Updated : 6 years, 9 months ago IST
London [United Kingdom], June 27 (ANI): London's Westminster Magistrate's court on Thursday remanded Fugitive diamantaire Nirav Modi to judicial custody till July 25 for questioning in connection with Rs 13,500 crore Punjab National Bank (PNB) fraud and money laundering case.
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Antigua to revoke Mehul Choksi's citizenship, extradite him soon
Updated : 6 years, 9 months ago IST
St John's [Antigua and Barbuda], Jun 25 (ANI): The citizenship of fugitive diamantaire Mehul Choksi, an accused in the multi-crore Punjab National Bank scam, will be revoked and he will be extradited to India once all his legal options are exhausted, Antiguan Prime Minister Gaston Browne has
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PNB scam: Court issues notice to ED over application seeking transfer of c
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI):A Mumbai Court on Monday sought response from the Enforcement Directorate (ED) on an application filed by diamantaire Nirav Modi in connection with the proceedings to declare him a fugitive economic offender (FEO) for his alleged involvement in the
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PNB scam: Nirav Modi bail hearing concludes, decision on Wednesday
Updated : 6 years, 9 months ago IST
London [UK], Jun 12 (ANI): A UK court here on Tuesday concluded the hearing of the bail plea of fugitive diamond merchant Nirav Modi, who was arrested in March in connection with the USD two billion Punjab National Bank (PNB) fraud case. The court will deliver its ruling at 10 am (local time
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Hearing underway for Nirav Modi's bail plea in UK
Updated : 6 years, 9 months ago IST
London [UK], Jun 11 (ANI): The UK High Court on Tuesday began hearing the bail plea of fugitive diamond merchant Nirav Modi, who was arrested on March 19 in connection with the USD two-billion Punjab National Bank fraud case.
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PNB case: Court issues notice to CBI on plea by Mehul Choksi
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Jun 3 (ANI): A special court on Monday issued notice to the CBI on an application by fugitive diamond merchant Mehul Choksi who termed the investigation into the PNB scam case as 'incomplete" and sought further probe.
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Pre-trial hearing in Nirav Modi extradition case tomorrow
Updated : 6 years, 10 months ago IST
London [UK], May 29 (ANI): A pre-trial hearing in the extradition case against fugitive diamond merchant Nirav Modi will be held on Friday at London's Westminster Magistrates' Court in connection with the USD two-billion Punjab National Bank fraud case.
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PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 6 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
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