• Tag results for Punjab National Bank

LoU fraud: CBI opposes plea seeking to make Punjab National Bank accused

The CBI refuted the argument in a reply filed before special judge JC Jagdale here earlier this week.

published on : 15th February 2019

PNB aims to recover Rs 10,000 crore-worth bad loans by March quarter

The state-run bank has made recoveries worth Rs 16,600 crore from bad loans this fiscal year.

published on : 6th February 2019

PNB inches back into black as NPA provisions fall, net profit at Rs 247 crore

The bank had slipped into losses after a Rs 14,000 crore scam allegedly perpetrated by jewellers Nirav Modi and Mehul Choksi with the connivance of certain bank officials came to light.

published on : 6th February 2019

PNB scam: DRT summons to Nirav Modi; Union Bank also a party

Apart from Modi and UBI, the other parties named in the summons are: Firestar Diamond International Pvt Ltd and its six branches in Mumbai, plus one in Surat, Gujarat.

published on : 5th February 2019

Burglars break into PNB Trichy branch, loot cash and gold worth crores

The burglars drilled a hole into the wall of the PNB branch to reach the strongroom and looted the valuables from five lockers.

published on : 28th January 2019

High Court of England and Wales dismisses Punjab National Bank's 4.5 crores deceit claim

In his judgment at the High Court's Chancery Division, Chief Master Marsh concluded that the bank had failed to make an 'arguable case in deceit against the defendants'.

published on : 24th January 2019

Man breaks into Bengaluru ATM, returns empty-handed

According to the manager, the miscreant barged inside the ATM kiosk when he noticed there was no security guard at the kiosk.

published on : 20th January 2019

Centre dismisses two Punjab National Bank Executive Directors

The PNB has intimated the action to the stock exchanges on Friday.

published on : 19th January 2019

Nirav Modi says can't return due to safety concerns, case politicised

The fugitive diamond merchant also claimed to have duly replied to the ED's summons.

published on : 5th January 2019

Punjab National Bank officer abducted, killed in Bihar

Opposition Rashtriya Janata Dal and Congress leaders have targeted Chief Minister Nitish Kumar for the rise in crime and total collapse of law and order.

published on : 22nd December 2018

PNB invites bids for two dozen NPA accounts to recover Rs 1,179 crore

The bank has to make recovery of Rs 1,779.18 crore from these 24 non-performing assets (NPAs).

published on : 9th December 2018

Security threats stopping me from returning: Nirav Modi to ED, CBI

In a mail, Nirav Modi told the ED that his "effigy was being burnt and feared mob lynching" if he stepped on Indian soil.

published on : 1st December 2018

PSBs banking on recoveries, stake sales in non-core assets 

To shore up capital and tide over the core equity crisis, state-run banks (PSB) have actively pursued sale of several non-core assets.

published on : 28th November 2018

CBI books ex-PNB Deputy Manager for facilitating Rs 13,500 crore scam

A senior Central Bureau of Investigation (CBI) official told IANS: "The agency has registered the case against Shetty and his wife Ashalata, who is a clerk in Indian Bank in Mumbai on Thursday night."

published on : 16th November 2018

Higher provisions for bad loans still bleed balance sheets of banks

The saving grace, though, is that SBI’s slippage ratio stood at 2 per cent — the lowest in six quarters.

published on : 6th November 2018
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