Punjab National Bank
PNB’s Maha office official, 3 others held for loan fraud
The accused were identified as Amarjeet Singh, Ajay Kumar Sharma, Suresh and P.K. Varun (assistant general manager, PNB).
PNB shareholders approve ESPS scheme; Rs 2,816 cr capital infusion by govt
Shareholders also voted to clear the issuance of over 31 cr shares to the govt as part of recapitalisation of PNB by Union govt.
Bank officials who loaned to Vijay Mallya may be charged soon: sources
The CBI had registered two cases against Vijay Mallya related to the IDBI loans in 2015 and consortium loan in 2016.
PNB invites bids from ARCs for 21 NPA accounts to recover Rs 1,320 cr
The scam-hit lender made NPA recoveries of over Rs 7,700 crore in the first quarter of 2018-19.
CBI starts Nirav Modi’s kin extradition process
According to sources, the Central probe agency moved the extradition request of Modi to the Union home ministry on Friday.
Red Corner Notice issued against Nirav Modi’s trusted aide
Mr Bhansali was instrumental in rotation and diversion of the proceeds of crime generated in this case, sources said.
Indian Banks Association elects PNB's Sunil Mehta as chairman
Rajnish Kumar and Shyam Srinivasan, will continue as deputy chairmen of IBA.
PNB eyes IBC route for Rs 6,000 crore power NPA recovery
PNB will go for the NCLT route of recovery rather than debt restructuring with companies.
Big willful defaulters' dues to PNB drop to Rs 15,175 crore in July
The bank made a recovery from bad loans to the tune of Rs 7,700 crore in the first quarter ended June.
Enforcement Directorate seeks to expedite RCN against Mehul Choksi
The CBI began its probe into the fraud after registering a case in January on receipt of a complaint from the PNB.