Punjab National Bank
Nirav Modi raided by I-T dept in Jan 2017 after note ban: sources
However, the raids did not result in flagging the Rs 11,400 crore bank fraud, which Nirav was allegedly pulling off.
Trouble for PNB: Fitch, Moody's put bank under review for downgrade
Fitch and Moody's warned scam-hit PNB of rating downgrades, citing likely networth erosion and widening losses.
In letter, Nirav Modi blames PNB for 'haste', urges bank to 'be fair'
In the letter that Nirav Modi wrote on February 15/16 to PNB, he pegged the amount his companies owe to the bank is under Rs 5,000 crore.
Sensex plunges 263 points to end at 33,774 as markets reel under PNB fallout
Sensex plunged by 236.10 points, or 0.69 per cent, to end at 33,774.66 after touching a low of 33,554.37 intra-day.
Illicit LOUs was a regular affair: Accused
The retired deputy branch manager’s statement has brought the role of the then branch manager under the scanner.
PSBs must be privatised: Assocham
Assocham said that top banking positions are treated as extension of a government job.
Wilful defaulters’ dues at PNB rose 23 per cent in 8 months
Bank makes available data pertaining defaults of Rs 25 lakh or more.
We're doing what Congress didn’t do: Sitharaman on PNB fraud case
Sitharaman asked the Congress to explain the circumstances under which the Allahabad Bank official Dinesh Dubey was forced to resign.
‘All options are open’, Nirav Modi had said on taking bank loans
In January, PNB filed a criminal complaint with the CBI that accused Modi and others of defrauding the bank.
CBI registers fresh case against Gitanjali Group
The CBI has got Interpol diffusion notices issued to its member countries to determine their current locations.