Friday, Apr 23, 2021 | Last Update : 05:50 PM IST

Punjab National Bank Page-5

PNB expects Rs 8,000 crore recovery from NPAs this month

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

Fitch downgrades PNB's rating on deteriorating credit profile

VRs represent the capacity of the bank to maintain ongoing operations and to avoid failure.

04 Jun 2018 5:24 PM

PNB pins hope on asset sale, IBC resolution to raise Rs 13,000 cr

Moody's Investors Service had last month downgraded PNB's rating citing impact of the recent USD 2 billion fraud.

01 Jun 2018 6:49 PM

Moody’s cuts PNB’s ratings

Moody’s believes that PNB will receive capital support from the Indian government and that the bank .

22 May 2018 1:41 AM

Sebi to consider penal action against PNB, Gitanjali Gems

Sebi last week issued a warning letter to PNB for delaying disclosures to stock exchanges about the fraudulent transactions.

20 May 2018 12:24 PM


Sebi warns PNB for late disclosures in Nirav Modi scam

The PNB was defrauded of over USD 2 billion allegedly by diamond trader Nirav Modi.

17 May 2018 5:06 PM

PNB Housing Finance more valuable than its parent PNB

The market capitalisation of PNB Housing Finance stood at Rs 21,199.07 crore.

17 May 2018 1:45 PM

India's small businesses find credit in short supply after mega-fraud

It is also a segment that contributes almost 38 per cent of India’s gross domestic product.

16 May 2018 2:30 PM

Punjab National Bank posts biggest ever quarterly loss of Rs 13,417 cr

The bank had reported a staggering standalone profit of Rs 261.90 crore in the fourth quarter of 2016-17.

15 May 2018 4:02 PM

Accused’s modus operandi ‘revealed’

However, all three were part of the racket and did not take any action or raised an alarm despite knowing about Shetty’s illegal activities.

15 May 2018 1:39 AM


Nirav Modi chargesheeted

Among accused is bank’s former chief Usha Ananthasubramanian.

15 May 2018 1:37 AM

BoI has Rs 200 cr exposure in PNB scam, initiates proceedings: CEO

Nirav Modi and his uncle Mehul Choksi are alleged to have perpetrated the country's biggest banking sector scam.

08 May 2018 3:50 PM

Big wilful defaulters owe Punjab National Bank Rs 15,172 crore

The public sector lender has been putting out the names of wilful defaulters and firms since June 2017.

06 May 2018 11:33 AM

PNB to hire detective agencies to locate untraceable borrowers

PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.

25 Apr 2018 3:53 PM

Pnb fraud: Vipul Ambani moves bail plea

Ambani was president, finance, at the Nirav Modi-controlled Firestar Group of Companies.

24 Apr 2018 1:34 AM


Finance ministry hopeful of PNB rebounding in Q1

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

PNB scam: Govt intervenes in Nirav Modi firms' bankruptcy case in US

Some Nirav Modi firms filing for bankruptcy in the US would jeopardise the interests of Punjab National Bank.

22 Apr 2018 12:49 PM

PNB moves Hong Kong HC against Nirav Modi, will approach courts in other nations

The MEA, had claimed to have traced him in Hong Kong and requested for provisional arrest of Nirav Modi.

21 Apr 2018 5:52 PM

Nirav Modi scam: ICAI sends notices to statutory auditors of PNB branch

ICAI has sent notices to all statutory auditors of Punjab National Bank's Brady House branch.

15 Apr 2018 4:01 PM

Nirav Modi scam: ICAI panel yet to receive info from PNB

A high-level group constituted by the institute is studying specifically the systemic issues involved in the PNB fraud.

12 Apr 2018 7:50 PM