Search For "punjab national bank"
PNB identifies lenders over LoU's issued in Nirav Modi fraud case
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): It has emerged that the fraudulently issued Letters of Undertaking (LoUs) from the Mumbai branch of Punjab National Bank (PNB) were in favour of Hong Kong branches of Allahabad Bank and Axis Bank, that helped facilitate Rs 280.7 crore fraud by jewellery desig
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PNB issues confidential Memo to banks after Nirav Modi fraud case
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 15 (ANI): Two days before suspending 10 of its officials in connection with jewellery designer Nirav Modi fraud case, the Punjab National Bank (PNB) on Monday sent a caution notice to all the banks, informing about the modus operandi of the fraud.
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10 PNB officials suspended in Nirav Modi fraud case
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 14 (ANI): The Punjab National Bank (PNB) on Wednesday suspended 10 of its officials in connection with jewellery designer Nirav Modi fraud case.
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PNB suspends 10 in a fraud involving top jewellery designer
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 14 (ANI): The Punjab National Bank (PNB) on Wednesday suspended its ten officials, including a branch Deputy Manager, in a fraudulent transaction case that also involved noted jewellery designer Nirav Modi.
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PNB uncovers over USD 1771 m fraud at Mumbai branch
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India] Feb.14 (ANI): The Punjab National Bank (PNB) on Wednesday confirmed that one of its branches in Mumbai had committed fraudulent and unauthorised transactions worth USD 1771.69 million for the benefit of some account holders.
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CBI books Nirav Modi for cheating PNB
Updated : 8 years, 1 month ago IST
New Delhi [India] Feb. 5 (ANI): The Central Bureau of Investigation (CBI) has booked noted jewellery designer Nirav Modi, his brother Nishal Modi and Punjab National Bank (PNB) officials for cheating the bank to the tune of Rs 280.7 crore.
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Masked man holds child at gunpoint, loots couple
Updated : 8 years, 1 month ago IST
Indore (Madhya Pradesh) [India], January 31 (ANI): A masked man looted money from a couple while holding their child at gunpoint in an ATM of Punjab National Bank in Indore.
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Technology essential to implement reforms: Rajeev Kumar
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 24 (ANI): Department of Financial Services (DFS) Secretary Rajeev Kumar on Wednesday said that technology needs to be used extensively to implement the banking reforms for a fast, clean, and transparent economy.
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CBI registers 22 cases against PNB officials
Updated : 8 years, 2 months ago IST
Bhopal (Madhya Pradesh) [India], Jan. 20 (ANI): The Central Bureau of Investigation (CBI) on Saturday registered 22 cases against Punjab National Bank (PNB) officials, including the chief managers of four branches of the bank in Bhopal and Ujjain.
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Hockey Madhya Bharat wins first match of Senior Men Nationals C'ship
Updated : 8 years, 2 months ago IST
Imphal (Manipur) [India], Jan 15 (ANI): Action in the 8th Hockey India Senior Men National Championship 2018 (B Division) on Sunday continued into its eighth day with Hockey Madhya Bharat, Punjab National Bank, Delhi Hockey and Bengal Hockey Association, all winning their respective Pool
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Senior National Hockey C'ship: Himachal edge past Kerala
Updated : 8 years, 2 months ago IST
Imphal (Manipur) [India], Jan 12 (ANI): Himachal came from two goals down to defeat Kerala 3-2 in a nervy Pool F encounter on the fifth day of the 8th Hockey India Senior Men National Championship 2018 (B Division) here last evening.
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Rising NPA in education loan propelling banks' stress
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 26 (ANI): Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education loans is adding on to this, the data released by the Indian Banks' Association (IBA) revealed.
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