Punjab National Bank Fraud

The Parliamentary Standing Committee on Finance has called representatives of several banks such as the Punjab National Bank as well as global and national tech majors, including Google, Apple and Paytm, next week to discuss issues related to cyber security and rising cases of cyber crimes.

Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, has claimed that he has no funds and is resorting to borrowing money to pay the court-ordered legal costs amounting to more than 150,000 p

The CBI has filed an FIR against ABG Shipyard's former chairman Rishi Agarwal in another case of defrauding a Punjab National Bank-led consortium of Rs 1,688 crore.

The jeweller had fled India in 2018 before details of his alleged involvement in large-scale fraud at the Punjab National Bank became public

Pulling off one of the biggest bank frauds in the country, fugitive diamantaire Nirav Modi and his uncle Mehul Choksi created a complex web of deception through fraudulent Letters of Undertaking (LoUs) to siphon off Rs 14,000 crore.

The Supreme Court told the CBI on Monday it cannot stop Mainak Mehta, the brother-in-law of fugitive diamantaire Nirav Modi, who is an accused in the Punjab National Bank (PNB) fraud case, to travel abroad without any "sold material".

The Central Bureau of Investigation (CBI) has filed a case against Pune Buildtech Pvt Ltd (formerly 'Dynamix Balwas Resorts Pvt Ltd') and its promoters for allegedly defrauding Punjab National Bank (PNB) of over 30 crores between 2013-16.

In terms of fraudulent activities, the countrys largest lender State Bank of India (SBI) topped the list with 14,431 cases

The Enforcement Directorate (ED) has filed a supplementary Prevention of Money Laundering Act (PMLA) complaint against fugitive diamantaire Mehul Choksi and others in the Punjab National Bank scam case.

The Central Bureau of Investigation (CBI) has registered a fresh case against fugitive diamantaire Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI).

British court will hear on December 14 an appeal filed by fugitive diamond merchant Nirav Modi against his extradition from UK to India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.

A bankruptcy court in New York has dismissed a petition of fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

Punjab National Bank will now offer loans against sovereign gold bonds at 7.20 per cent and loans against gold jewellery at 7.30 per cent

Punjab National Bank argues that Jet's court-appointed rescue official had initially accepted its claim of nearly Rs 1,000 crore from the airline's backers, but then reduced it by Rs 200 crore

Punjab National Bank Share Price: On Tuesday, Punjab National Bank opened on the BSE at Rs 41.40, inching to an intra day high of Rs 41.45 and an intra day low of Rs 40.05

The Parliamentary Standing Committee on Finance has called representatives of several banks such as the Punjab National Bank as well as global and national tech majors, including Google, Apple and Paytm, next week to discuss issues related to cyber security and rising cases of cyber crimes.

Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, has claimed that he has no funds and is resorting to borrowing money to pay the court-ordered legal costs amounting to more than 150,000 p

The CBI has filed an FIR against ABG Shipyard's former chairman Rishi Agarwal in another case of defrauding a Punjab National Bank-led consortium of Rs 1,688 crore.

The jeweller had fled India in 2018 before details of his alleged involvement in large-scale fraud at the Punjab National Bank became public

Pulling off one of the biggest bank frauds in the country, fugitive diamantaire Nirav Modi and his uncle Mehul Choksi created a complex web of deception through fraudulent Letters of Undertaking (LoUs) to siphon off Rs 14,000 crore.

The Supreme Court told the CBI on Monday it cannot stop Mainak Mehta, the brother-in-law of fugitive diamantaire Nirav Modi, who is an accused in the Punjab National Bank (PNB) fraud case, to travel abroad without any "sold material".

The Central Bureau of Investigation (CBI) has filed a case against Pune Buildtech Pvt Ltd (formerly 'Dynamix Balwas Resorts Pvt Ltd') and its promoters for allegedly defrauding Punjab National Bank (PNB) of over 30 crores between 2013-16.

In terms of fraudulent activities, the countrys largest lender State Bank of India (SBI) topped the list with 14,431 cases

The Enforcement Directorate (ED) has filed a supplementary Prevention of Money Laundering Act (PMLA) complaint against fugitive diamantaire Mehul Choksi and others in the Punjab National Bank scam case.

The Central Bureau of Investigation (CBI) has registered a fresh case against fugitive diamantaire Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI).

British court will hear on December 14 an appeal filed by fugitive diamond merchant Nirav Modi against his extradition from UK to India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.

A bankruptcy court in New York has dismissed a petition of fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

Punjab National Bank will now offer loans against sovereign gold bonds at 7.20 per cent and loans against gold jewellery at 7.30 per cent

Punjab National Bank argues that Jet's court-appointed rescue official had initially accepted its claim of nearly Rs 1,000 crore from the airline's backers, but then reduced it by Rs 200 crore

Punjab National Bank Share Price: On Tuesday, Punjab National Bank opened on the BSE at Rs 41.40, inching to an intra day high of Rs 41.45 and an intra day low of Rs 40.05