Wed, Mar 28, 2018
PNB`s board today approved payment over the fraudulent guarantees due by end-March to seven banks. It will also honour any subsequent maturing guarantees when they are due, the bank said. "This measure will ensure that India`s banking system at large has the least possible disruption owing to the unfortunate fraud and banking operations will continue to function smoothly," PNB said in a statement.
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Tue, Feb 20, 2018
A petition seeking registration of cases against all those involved in the PNB fraud and “immediate deportation” of Nirav Modi seeks the formation of a committee to document the details of bad debts in the country
Mon, Feb 19, 2018
It will be prudent for the government to step in and keep out the entire top management and higher officials from the bank until the probe is completed and accountability is fixed, the union said
Thu, Feb 15, 2018
The Rs 11,400 crore financial fraud in Punjab National Bank (PNB) has snowballed, and has taken under its shadow a couple of banks and jewellery firms, and has also given us a poster boy of the scam named Nirav Modi.
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