Passport details will help banks to take timely action and inform the relevant authorities to prevent fraudsters from fleeing the country.
06 Mar 2018 9:21 PM
The Rs 12,636-crore fraud was allegedly perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi.
06 Mar 2018 5:18 PM
Chitalia was apprehended at Mumbai airport and brought to the CBI office at the Bandra-Kurla Complex in Mumbai for questioning.
06 Mar 2018 11:20 AM
Modi, against whom a special court on Saturday issued a non-bailable warrant, wrote 2 letters to the ED in response to summons last month.
04 Mar 2018 9:33 AM
The CBI, which has arrested 14 people in the case, on Saturday for the 1st time said bribes were paid to at least one PNB official by Modi.
04 Mar 2018 9:22 AM
Meanwhile, the Government has revoked the passports of Nirav Modi and Mehul Choksi.
03 Mar 2018 3:37 PM
Internal Chief Auditor (Retd) Bishnubrata Mishra was responsible for auditing the procedures and practices followed in the PNB branch.
02 Mar 2018 8:48 AM
The law will apply to defaulters who have an outstanding of Rs 100 crore or more and have escaped from the country.
02 Mar 2018 8:37 AM
The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) have registered two FIRs each in this case.
02 Mar 2018 8:05 AM
ED issued a provisional order for attachment under the Prevention of Money Laundering Act (PMLA).
01 Mar 2018 12:21 PM
5 statutory PNB auditors also questioned.
28 Feb 2018 12:23 AM
State-run banks have 15 days to 'take pre-emptive action and identify gaps/weaknesses' to tackle rising operational and technical risks.
27 Feb 2018 1:06 PM
Sinha's remark was reference to a recent statement by Jaitley blaming the multiple layers of auditing system for the fraud.
27 Feb 2018 8:55 AM
In a filing to the BSE late on Monday night, the bank said the amount of unauthorised transactions could go up by more than Rs 1,300 crore.
27 Feb 2018 7:47 AM
Letters Rogatory (LRs) are a request from a court of a sovereign nation to a court of another sovereign nation.
26 Feb 2018 4:57 PM
The countries where the LRs would be sent include Belgium, Hong Kong, Switzerland, the US, the UK, Dubai, Singapore and South Africa.
25 Feb 2018 8:42 PM
Prime Minister announced the ban on Rs 500 and Rs 1000 Indian rupee notes, on November 8, 2016.
25 Feb 2018 5:25 PM
As the Karnataka assembly election comes nearer, the BJP and Congress have begun aggressive campaigning in the state.
25 Feb 2018 4:00 PM
St Kitts has become the perfect place for Nirav Modi to stay as it does not have an extradition treaty with India.
25 Feb 2018 2:02 PM
Refusing to give out any further details, the officials said the agency is also questioning the 12 accused arrested by the agency so far.
24 Feb 2018 8:15 PM