Banking sources told The New Indian Express that no banks have begun the transfer of loans yet and the same is likely to start only by the end of the September quarter.
The amount includes Rs 44.26 lakh as legal costs, the Securities and Exchange Board of India said in an order on Tuesday.
The diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. The hearing this week is for the continuation of that appeal, with judgment likely soon.
PNB and ICICI Bank have raised their internal benchmark or marginal cost of fund-based lending rate (MCLR) by 15 basis points (bps) and 30 bps each effective June 1.
Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond, officials said on Tuesday.
A bank having a relatively large network of branches in rural areas of a district with adequate financial and manpower resources is generally given the lead bank responsibility for that district.
The company had a payment due of Rs 7,181 crore at the end of March 31, 2021, according to its annual report.
Some of the former employees of the bank who colluded in the scam too would be arrested soon, the SP said.
In the case of the ICICI Bank, the RBI said the statutory inspection for supervisory evaluation of the bank was conducted by it with reference to its financial position as of March 31, 2019.
The diamantaire, wanted in India on charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, lost his legal battle against extradition.
After a long legal battle, the UK court accepted that the diamantaire had threatened witnesses and tampered with evidence.
A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Centre and Netflix and sought their stand by September 23 on Choksi's appeal.
Shares of the bank were hovering around Rs 65 level during the last week of August 2019 as compared to Rs 35.30 on Monday on the BSE.
Bhansali, who was an executive of Nirav Modi's Firestar International firm, is absconding since the probe started in the alleged USD 2 billion PNB fraud case.
The public sector bank had posted a net profit of Rs 343.40 crore in the April-June quarter of 2017-18.
Vipul Ambani was aware of the fraudulent letters of undertaking (LoUs) issued by PNBs former deputy manager Gokulnath Shetty in favour of Modi's firms.
Chairman of the United Progressive Party in A&B, pointed to a resolution passed this week in Parliament allowing the CIU to operate offshore bank accounts and to accept payment in cryptocurrencies.
Antigua says Indian agencies had given 'no adverse information' on Mehul Choksi during citizenship check: Report
CBI had on July 25 sought the whereabouts of Choksi and written to Antiguan authorities, demanding details about him.
India had asked Antigua to detain PNB scam accused Mehul Choksi after information of his presence on island
Sources said India was in touch with the island nation following reports of Choksi's presence there and requested the authorities there to restrict his movements by land, sea and air.
Choksi, the alleged partner-in-crime of his nephew Nirav Modi in the banking fraud, refused to say anything further on the issue, on the advice of his lawyers.