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Punjab National Bank MD and CEO Sunil Mehta

PNB needs 6 months for normalcy: Sunil Mehta

During a conference call with investors, he said that the bank had more than sufficient capital as mandate by...

16 Feb 2018 7:59 PM GMT

Sebi regulates Indias capital market. (Photo: PTI)

Sebi launches probe into trading, disclosure issues at PNB, Gitanjali...

Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Modi.

16 Feb 2018 9:58 AM GMT

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB, Carlyle Group to sell at least 51 pc stake in PNB Housing Finance

PNB Housing had disbursed Rs 33,195 crore loans during 2017-18, an increase of 61 per cent over the preceding fiscal...

11 July 2018 7:18 AM GMT

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB's big wilful defaulters' dues fall to Rs 15,354 crore in June

The total bad loan write-off by the public sector banks stood at over Rs 1.20 lakh crore in the last fiscal.

9 July 2018 4:45 AM GMT

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

34 functional teams to smoothen merger of UBI, PNB, OBC

Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs...

2 Oct 2019 6:43 AM GMT

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

5 Nov 2019 8:50 AM GMT

Lawyer Vijay Aggarwal, speaking by telephone, declined to comment on where Nirav Modi was. (Photo: PTI)

Costly fittings inside Nirav Modi bungalow slow down razing

Ongoing demolition work at Nirav Modi's posh bungalow in Maharashtra's Raigad district has been stopped.

29 Jan 2019 10:16 AM GMT

(Photo: Nirav Modi website)

Have done no wrong, PNB loans were civil transactions: Nirav Modi

Nirav Modi said the situation is blown out of proportion and can't come back to the country due to security reasons.

5 Jan 2019 8:16 AM GMT

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in...

The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.

28 Feb 2019 12:02 PM GMT

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

A year after India's biggest bank fraud, PNB on road for annual profit

The bank is expected to clock a net profit of 22.66 billion rupees for the year ending March 2020.

18 Feb 2019 8:54 AM GMT

Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

PNB CEO, Sunil Mehta: We are on our way towards recovery

Our recovery for the first three quarters is Rs 16000 crore, which is almost three times the recovery last year.

5 Feb 2019 10:10 AM GMT

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi exempts govt from making open offer for shareholders of PNB

Sebi, however, directed reduction in non-public shareholding in the lender post capital infusion.

28 March 2019 10:33 AM GMT