Search For "punjab national bank"
Former Forever Diamond director in custody
Updated : 8 years ago IST
Mumbai [Maharashtra] [India], Mar. 13 (ANI): Former Forever Diamond director Hasmukh Shah was sent to a 14-day police custody on Tuesday in connection with Winsome Diamonds fraud case.
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RBI discontinues LOUs/LOCs issuance for trade credit for imports
Updated : 8 years ago IST
New Delhi [India], Mar 13 (ANI): The Reserve Bank of India (RBI) on Tuesday announced discontinuation of the issuance of Letters of Undertaking (LOUs) and Letters of Comfort (LOCs) for trade credit for imports with immediate effect.
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PNB internal auditor sent to judicial custody
Updated : 8 years ago IST
Mumbai [Maharashtra] [India], Mar 13 (ANI): Punjab National Bank's (PNB) internal auditor for a Mumbai branch, M.K. Sharma, was on Tuesday sent to a 14-day judicial custody in connection with the multi-crore scam.
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Rahul Gandhi accuses Jaitley of being silent on PNB scam
Updated : 8 years ago IST
New Delhi [India], Mar. 12 (ANI): Congress party president Rahul Gandhi on Monday alleged that Union Finance Minister Arun Jaitley is silent on the Punjab National Bank (PNB) fraud to save her daughter, whose law firm, according to a media report, had a brief retainership with Mehul Choks
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PNB fraud: Chidambaram hints at foul play
Updated : 8 years ago IST
Bengaluru (Karnataka) [India], Mar. 11 (ANI): In the wake of the billion-dollar Punjab National Bank (PNB) fraud, former Finance Minister P. Chidambaram alleged that the accused were assisted "at some level."
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Limit collateral damage from bank frauds, urges ASSOCHAM
Updated : 8 years ago IST
New Delhi [India], Mar. 11 (ANI): Apex trade association ASSOCHAM on Sunday said that all out efforts must be made by banks, regulators, government and India Inc to limit the collateral damage from the alleged fraud in the Punjab National Bank (PNB) row.
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Passport details compulsory against loans higher than Rs 50cr
Updated : 8 years ago IST
New Delhi [India], Mar. 10 (ANI): In the wake of recent scams unearthed in the banking sector, the Centre on Saturday directed public sector banks (PSBs) to collect passport details of new borrowers seeking to avail loans higher than Rs 50 crore.
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Collusive corruption common at PSBs: Survey
Updated : 8 years ago IST
New Delhi [India], Mar. 9 (ANI): In the backdrop of the recent scams reported in the banking sector, citizens have flagged concern on various aspects of business-banker nexus and the gaps that exist, particularly of collusive corruption existing among (PSBs).
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CBI registers fresh case against 2 firms of Nirav Modi
Updated : 8 years ago IST
New Delhi [India] March 8 (ANI): The Central Bureau of Investigation (CBI) on Thursday registered a fresh case against two firms of Nirav Modi in connection with the multi-crore Punjab National Bank (PNB) fraud case.
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PNB scam: Congress moves notice in RS for discussion
Updated : 8 years ago IST
New Delhi [India], Mar 08 (ANI): The Congress Party on Thursday moved a notice in the Rajya Sabha under rule 168 seeking a discussion on the billion dollars Punjab National Bank fraud case.
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PNB scam: ED raids two locations in Kolkata
Updated : 8 years ago IST
Kolkata (West Bengal) [India], Mar 07 (ANI): The Enforcement Directorate (ED) conducted raids at two locations in Kolkata in connection with the Punjab National Bank (PNB) scam, on Wednesday.
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Ray of hope for jobless Gitanjali Group employees
Updated : 8 years ago IST
New Delhi [India], Mar 07 (ANI): Union Labour ministry will examine the situation of Gitanjali Group employees who have been rendered jobless after shutdown of companies, on the backdrop of the Punjab National Bank scam.
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