 | CBI conducts searches in Odisha, Uttarakhand in Rs 140-crore loan fraud case"Searches were conducted at the property of the accused in Cuttack and in Dehradun. Further investigation is continuing," said a CBI officer. |
 | Delhi HC seeks Centre's stand on banker's challenge to dismissal from serviceUsha Ananthasubramanian was dismissed in August 2018, from Allahabad Bank on the allegation that she failed to exercise proper control over the functioning of PNB while serving as MD of the bank. |
 | Nirav Modi scam: PNB, Allahabad Bank boards may decide on further action against senior officialsSoon after Central Bureau of Investigation (CBI) filed charge sheet in May pointed involvement of top officials of banks, PNB's board decided to divest two executive directors of all powers. |
 | Allahabad Bank divests its CEO Usha Ananthasubramanian of all powersYesterday, the finance ministry had asked the boards of Allahabad Bank and PNB to take action against Ananthasubramanian and two executive directors of PNB. |
 | Punjab National Bank fraud: Scam now close to USD 2 billion; CBI questions Allahabad Bank MDThe PNB, in a late night filing to stock exchanges, said the scam has swelled by USD 204.25 million. |
 | Banking fraud subdues risk-taking appetite, equities close lowerThe wider Nifty50 of the National Stock Exchange shed 73.90 points or 0.71 per cent to close at 10,378.40 points. |
 | PNB fraud: Allahabad Bank has USD 366.87 million outstanding exposurePunjab National Bank (PNB), the country's second largest public sector bank, had detected the $1.8 billion fraud in one of its branches in Mumbai. |
 | Punjab National Bank identifies lenders over LoU's issued in Nirav Modi fraud caseThe fraudulently issued Letters of Undertaking (LoUs) from the Mumbai branch of Punjab National Bank (PNB) were in favour of Hong Kong branches of Allahabad Bank and Axis Bank. |
