Saturday, Sep 23, 2023 | Last Update : 12:19 PM IST

pnb fraud Page-3

PSBs asked to get passport details for loans of Rs 50 cr and above: Govt

In Oct 2017, govt announced recapitalisation of PSBs to tune of Rs 2.11 lakh cr over current and next financial year.

29 Mar 2018 12:00 PM

Union Bank of India shares slump after lender makes fraud complaint

Union Bank shares were trading 8.3 per cent down at 86.85 rupees.

23 Mar 2018 1:37 PM

After PNB fraud, India takes steps to prevent defaulters from flying abroad

Under the new rules, banks will have to file for insolvency proceedings against loan defaulters with Rs 2,000 crore or more.

21 Mar 2018 5:44 PM

Banking sector could witness turnaround in FY20: S&P

Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth

21 Mar 2018 5:29 PM

PNB fraud: Goldman downgrades India's economic growth forecasts

Goldman Sachs lowered its real GDP forecast on India for year to March 2019 to 7.6 per cent from 8 per cent earlier.

20 Mar 2018 3:53 PM


CBI files chargesheet against former Canara Bank official over loan default

The accused allegedly cheated the Canara Bank to the tune of approximately Rs 68.38 crore.

19 Mar 2018 8:20 PM

Govt opposes monitoring of PNB scam probe by Supreme Court

The petitioner cited several instances where the farmers had to either commit suicide or face the wrath of the bank officials.

17 Mar 2018 1:41 AM

After PNB fraud, RBI bans use of Letter of Undertakings for overseas credit

RBI said the decision to discontinue practice of LoUs and LoCs for trade finance comes into force with immediate effect.

13 Mar 2018 7:17 PM

RBI turns up heat on lenders after USD 2 billion loan fraud

RBI had asked banks to connect SWIFT interbank messaging system with their core banking software by April 30.

10 Mar 2018 10:38 AM

Before mega scam, PNB lost USD 431 mn to fraud last fiscal year

Punjab National Bank alone reported 158 cases of fraud in 2016-17.

10 Mar 2018 10:24 AM


PNB may be given 1 year to provision against Rs 12,646 cr fraud

Bank has written a letter to banking sector regulator seeking its opinion on making provisions for fraud.

09 Mar 2018 11:29 AM

Lok Sabha adjourned for 4th day in a row amidst Opposition protest

TDP was demanding special status for Andhra Pradesh while AIADMK sought immediate setting up of Cauvery River Management Board.

08 Mar 2018 2:47 PM

Missed warnings - How watchdogs failed to spot USD 2 bn PNB fraud

RBI set a April 30 deadline for integrating banks’ internal software and SWIFT.

06 Mar 2018 12:26 PM

PNB fraud: Top bankers Chanda Kochhar, Shikha Sharma summoned

ICICI Bank led a consortium of 31 banks that lent money to Mehul Choksi’s Gitanjali group.

06 Mar 2018 11:47 AM

RS adjourned amid PNB scam uproar, Oppn demands Nirav Modi's return

RS was adjourned amid uproar over Rs 12,700-cr PNB scam and other issues including TDP demanding special package for AP.

05 Mar 2018 4:19 PM


LS adjourned as Oppn slams PM silence on PNB scam, AP gets special status

Congress members trooped into the Well with placards demanding a reply from the PM on Nirav Modi's whereabouts.

05 Mar 2018 2:18 PM

Gitanjali Gems falls 5 per cent to hit 52-week low

Gitanjali Gems has lost as much as 70 per cent since February 14, the day the PNB fraud came to light.

05 Mar 2018 12:35 PM

Oppn to corner Govt over bank frauds, 'personal vendetta' as parl resumes

The Lok Sabha and Rajya Sabha meets on Monday after a month-long recess in the session.

05 Mar 2018 11:52 AM

Four more arrested in PNB fraud

The ED has seized diamonds and other valuables to the tune of around Rs 5,700 crore from Modi’s jewellery outlets.

05 Mar 2018 1:36 AM

Another ex-PNB official arrested

The agency arrested the retired second senior-level internal auditor of the bank for allegedly overlooking the irregularities during the audit.

03 Mar 2018 1:38 AM