Jaitley pointed out bank frauds have a cost to the country as well as to the tax payer.
21 Feb 2018 2:59 AM
Fitch and Moody's warned scam-hit PNB of rating downgrades, citing likely networth erosion and widening losses.
20 Feb 2018 3:07 PM
Lawyer Vijay Aggarwal said the state-owned bank had regularly levied fees on its dealings with the jeweller’s firms.
20 Feb 2018 1:20 PM
The priests also urged people to do the chanting to bring back the 'failed banking' system on the right track.
20 Feb 2018 11:36 AM
Fitch Ratings has placed PNB's Viability Rating of 'bb' on Rating Watch Negative, following the large fraud reported by the bank.
20 Feb 2018 11:21 AM
The 30-share Sensex recovered by 157.24 points, or 0.46 per cent, to 33,931.90 in opening trade.
20 Feb 2018 11:09 AM
Rahul attacked the PM's 'silence' on PNB fraud, questioned where 'country's watchman' was when Nirav Modi fled like Vijay Mallya.
20 Feb 2018 10:33 AM
In the letter that Nirav Modi wrote on February 15/16 to PNB, he pegged the amount his companies owe to the bank is under Rs 5,000 crore.
20 Feb 2018 8:20 AM
The RBI did not immediately respond to a request for comment on Monday, which was a holiday in Mumbai. A FinMin spokesman declined comment.
19 Feb 2018 9:40 PM
ED is conducting raids across several cities after the PNB said it has been defrauded of Rs 11, 400 crore by diamond jeweller Nirav Modi.
19 Feb 2018 9:25 PM
The ED lodged the case under the Ptrevention of Money Laundering Act after studying CBI's FIR on the same.
19 Feb 2018 5:09 PM
Failure to notice largest fraud in Indian banking history reveals a 'rot' in the state financial sector, said an ex-PNB official.
19 Feb 2018 11:09 AM
Amid reports of Kothari fleeing the country, the Rotomac Pen owner had earlier rubbished claims saying he will stay in Kanpur.
19 Feb 2018 9:38 AM
BSE Sensex and Nifty managed to close week flat at 34,010.76, up 5 points, and 10,452.30 marginally down 2.65 points respectively.
17 Feb 2018 1:45 PM
Shetty and two others apprehended will be produced before CBI special court in Mumbai later on Saturday.
17 Feb 2018 12:36 PM
ED sources say they raided 35 new locations covering 11 states and seized diamond and gold worth Rs 549 crore on Friday.
16 Feb 2018 9:40 PM
Cong chief on Thursday said NDA govt was looking away when Nirav Modi used his clout with PM to slip out of India and steal Rs 12,000 Cr.
16 Feb 2018 8:42 PM
His clientele includes only high net-worth individuals, and his jewellery ranges from Rs 2 lakh to hundred crores.
16 Feb 2018 4:33 PM
Union Bank of India shares dropped 2.37 pc to Rs 117.25 while PNB stock fell over 3 pc to Rs124.45 on BSE.
16 Feb 2018 10:47 AM
PNB chief Sunil Mehta said there were no solid proposals by Nirav Modi on repayment, ‘got vague proposals’.
15 Feb 2018 2:57 PM