The student bears the same name as the fugitive businessman Mehul Choksi, who is wanted in India in loan default cases.
18 Mar 2019 11:28 AM
Charges made under section 4 of Prevention of Money Laundering Act, for confiscation of linked assets, and punishment for directors of DIPL.
28 Dec 2018 4:13 PM
The businessman and his brother Chetan Sandesara fled from the country last year along with family members.
25 Sep 2018 12:15 PM
However, the bank said that the amount of the penalty is not material considering the size of the bank.
07 Sep 2018 3:16 PM
Firestar Chief Executive Officer Mihir Bhansali and A Jaffe CFO Ajay Gandhi were involved in fraudulent transactions.
27 Aug 2018 11:09 AM
The Manafort conviction was the first case sent to trial by special prosecutor Robert Muller probing Russian meddling in the 2016 election.
24 Aug 2018 3:02 AM
She was to superannuate on Monday but has been dismissed from the service.
13 Aug 2018 5:52 PM
Vijay Mallya, who is separately undergoing extradition trial in UK court, had sought permission to appeal against HC order dated May 8.
26 Jul 2018 9:19 AM
Fugitive businessman Mallya is said to have sent feelers to authorities that he would like to join legal process in India.
25 Jul 2018 9:27 AM
The recent trend of “mob lynching is growing”, Choksi’s lawyer said in the application.
24 Jul 2018 12:14 PM
Fugitive Economic Offenders Bill law, which will go to Rajya Sabha and the president in the coming days.
20 Jul 2018 8:54 AM
India’s second-largest state lender seeks to tighten controls and restore its reputation.
03 Jul 2018 5:48 PM
The 162-page report alleged that a group of employees at the Brady House branch issued fake letters of undertaking.
27 Jun 2018 12:52 PM
The bank’s CEO Sunil Mehta told in April he had suspended 21 officials and “will not spare” others found involved in lapses.
20 Jun 2018 11:04 AM
The bank, with its focus on recovery of dues from defaulters, has managed to surpass the total amount recovered in the last fiscal.
10 Jun 2018 7:41 PM
The accused used to change his name, prepare fake documents to approach banks for availing loans for various purposes.
28 May 2018 7:57 PM
The agency has filed a criminal complaint under the Prevention of Money Laundering Act.
07 May 2018 2:03 PM
The department sent the notice seeking an explanation from Deepak Kochhar on his personal income.
30 Apr 2018 2:45 PM
The ministry is keeping a tight watch on the bank’s performance so as not to let the bank slip into further mess.
23 Apr 2018 12:19 PM
Some Nirav Modi firms filing for bankruptcy in the US would jeopardise the interests of Punjab National Bank.
22 Apr 2018 12:49 PM