Punjab National Bank
Finance
PNB branch at centre of Nirav Modi scam detects new fraud
India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......
Finance
Punjab National Bank fraud swells by $145 mn more
The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) ......
Finance
Andhra Bank shares slump to 15-year low on fraud probe
Shares in the state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell ......
General
Farmers' woes to PNB fraud: It's a long march for BJP to meet its promises
Two years ago, as part of the 2016-17 budget announcements, Prime Minister Narendra Modi vowed to double farmers' income by ......
Consumer
Jeweller Nirav Modi's bankrupt US firm draws strong interest from buyers
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused ......
General
Nirav Modi case: Cyril Amarchand office raided by CBI
The Central Bureau of Investigation had searched the Mumbai office of law firm Cyril Amarchand Mangaldas last week for documents ......
Markets
Bank stocks drag Sensex, Nifty lower; PNB down 12%
Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.Punjab National Bank ......
Finance
PNB says bank fraud now estimated at nearly $2 bn
India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......
Finance
PNB says it can recover from India's largest-ever loan fraud as shares slide
Punjab National Bank, India’s second-largest state-run lender, said on Thursday it has the capability and capacity to recover after uncovering ......
Finance
Punjab National Bank detects fraudulent transactions worth $1.77 bn
State-run Punjab National Bank (PNB) said on Wednesday it had detected some “fraudulent and unauthorised” transactions worth about $1.77 billion ......