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PNB fraud: What is it, how it happened, and will it snowball?

PNB fraud: What is it, how it happened, and will it snowball?

Fri, Feb 16, 2018

Banks (especially PSU banks) have been grappling with structural asset quality issues, but over last few days risks have got exacerbated following fraud reported by Punjab National Bank (PNB) pertaining to Letter of Undertaking (LoUs) issued in favour of three diamond companies run by Mr.

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Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

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