Pnb Scam | The Asian Age

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Compliance officer and company secretary Pankhuri Warange cited the ongoing investigation of a Rs 11,400 crore scam as trigger to her ‘conscious’ stand to resign. (Photo: File)

2 top Gitanjali Gems’ officials quit, says ‘conscience doesn't permit to continue’

The two senior employees of Gitanjali Gems announced their resignations in a stock market filing.

19 Feb 2018 6:21 PM

He alleged that the whole scenario depicts as to whose side the Prime Minister is on and ended with a hashtag saying, 'Modi robs India'. (Photo: Facebook/Rahul Gandhi)

PNB scam: Rahul posts poem on twitter alleging Modi of 'robbing India'

Jeweller Nirav Modi acquired fraudulent letters of undertaking from a PNB branch for overseas credit from other Indian lenders.

19 Feb 2018 3:40 PM

The 30-share barometer dropped by 130.54 points, or 0.38 per cent, to 33,880.22 in early trade led by fall in Tata Steel, SBI, Reliance Industries and L&T. (Photo: File)

Sensex slips below 34,000 mark, down by 131 pts in early trade

Brokers said investors trimmed positions on distinctly weak sentiment since the detection of a Rs 11,400 crore fraud at state-run PNB.

19 Feb 2018 12:54 PM

Many, regardless of party affiliation, have been known to associate themselves with events in the rise and rise of Nirav Modi.

PNB fraud: Recover loot first

The truth is such a scam by a top diamond merchant couldn’t have taken place without the knowledge of politicians.

19 Feb 2018 4:30 AM

Congress leader Manish Tewari. (Photo: File)

Bring out white paper on banking system, says Manish Tewari

Congress says ‘fraudsters’ linked to highest echelons of govt.

19 Feb 2018 3:08 AM

The Ministry of External Affairs on Friday suspended validity of passports of Nirav Modi and his business partner and uncle Mehul Choksi with immediate effect for a period of four weeks. (Facebook screengrab/NIRAVMODI)

PNB scam: 200 shell firms probed, ED raids 45 sites

The ED conducted searches at 45 premises, including jewellery showrooms and workshops allegedly linked to the accused, across the country.

19 Feb 2018 2:26 AM

Since last week, Kothari's office in Kanpur's City Center road has been locked and he himself has been untraceable ever since. (Photo: ANI)

UP: Rs 837 Cr loan, Rotomac-owner missing, reports say PNB-like scam

Rotomac-owner Vikram Kothari took loans of Rs 352 crore from Kanpur branch of Allahabad Bank and Rs 485 crore from three other banks.

18 Feb 2018 8:33 PM

With Parliament’s Budget Session reconvening on March 5, the government is also wary that the twin issues could stall its key bills from getting passed. (Photo: ANI)

Rafale deal, PNB scam issue likely to stall major bills

The ruling BJP and the Congress have been blaming each other for the PNB fraud, with the former calling it the latter’s “orginal sin”.

18 Feb 2018 7:25 AM

The Shiv Sena joined the Oppostion party in attacked the Prime Minister Narendra Modi over the PNB scam and alleged that Nirav Modi, who is at the centre of the scandal, had been a “partner” of the BJP and helped it collect funds for elections.

PNB scam: BJP links Abhishek Manu Singhvi to Nirav Modi

Gandhi said that such a big scam could not have taken place without the knowledge or protection of people within the government.

18 Feb 2018 6:43 AM

Nirav Modi (in red circle) and PM Narendra Modi along with the Indian business delegation at Davos in January.

PNB scam: Congress guns for PM, releases Mehul Choksi video

CBI, ED tighten noose around Nirav, Choksi; passports suspended.

17 Feb 2018 2:16 AM

Priyanka Chopra to terminate contract with Nirav Modi

PNB has detected a Rs11,400 crore fraud where Nirav Modi allegedly acquired fraudulent LoUs from a branch in Mumbai.

16 Feb 2018 11:33 AM

Bank sought 100 per cent cash margins for issuing LoUs for raising buyers credit, which was contested by the firms saying they had availed of the facility from as early as 2010.

Union Bank has USD 300 million exposure to PNB fraud

Union Bank of India shares dropped 2.37 pc to Rs 117.25 while PNB stock fell over 3 pc to Rs124.45 on BSE.

16 Feb 2018 10:47 AM

PNB continued to reel under pressure for third consecutive day after detection of Rs 11,400-crore fraud. (Photo: PTI)

Punjab National Bank shares slide for third day

Stock hit its 52-week low on both BSE and NSE on Friday after it opened on a bearish note and fell 3.27 per cent to Rs 124.15 on BSE.

16 Feb 2018 10:29 AM

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Dilip Cherian