Punjab National Bank: News
24 Oct 2018
Indian RailwaysIRCTC: Bank transaction charges while using Netbanking, Cards and Mobile-Wallets
Indian Railways Catering and Tourism and Corporation (IRCTC) offers the facility of booking train tickets online, via its website and mobile app.
01 Oct 2018
IndiaPNB scam: ED attaches Nirav Modi's property worth Rs. 637cr
On Monday, the Enforcement Directorate attached properties and bank account related to fugitive Nirav Modi worth Rs. 637 crore.
27 Sep 2018
India#PNBScam: Choksi gets time to reply to ED plea
A special court yesterday gave diamond jeweler Mehul Choksi, a key accused in PNB bank fraud case, time till October 30 to file his reply to an Enforcement Directorate (ED) plea seeking to declare him a "fugitive" under Fugitive Economic Offenders Act.
21 Sep 2018
NoidaNoida: Attackers kill 2 PNB security guards in robbery attempt
Two private security guards of a bank were killed allegedly by unidentified assailants in a loot attempt in Noida, UP.
11 Sep 2018
IndiaPNB scam: ED's allegations are baseless, claims Mehul Choksi
Beleaguered diamantaire Mehul Choksi on Tuesday said all allegations leveled on him by the Enforcement Directorate are false and baseless.
10 Sep 2018
Mumbai#PNBScam: Interpol issues Red Corner Notice against Nirav Modi's sister
Interpol has issued a Red Corner Notice (RCN) against Purvi Modi, a Belgian national and absconding billionaire jeweler Nirav Modi's sister, in connection with the alleged $2 billion PNB money laundering case, officials said Monday.
02 Sep 2018
MumbaiMehul Choksi's properties are money laundering assets: PMLA Authority
A designated PMLA authority has held that 41 properties worth about Rs. 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweler Mehul Choksi and his associated firms, are money laundering assets.
20 Aug 2018
Central Bureau Of Investigation (CBI)United Kingdom authorities confirm Nirav Modi is in UK
The United Kingdom authorities have confirmed that diamantaire Nirav Modi is in the UK. Further, it has been reported that the CBI has already filed a case for his extradition.
05 Aug 2018
ICICI Bank24 banks collect Rs. 5,000cr as minimum balance non-maintenance penalties
Twenty-four banks have collected a whopping Rs. 4,988cr in 2017-18 as penalties for non-maintenance of minimum average monthly balance (AMB).
04 Aug 2018
MumbaiPNB Scam: Senior executive of Nirav Modi's firm gets bail
A special CBI court in Mumbai today granted bail to Vipul Ambani, a senior executive of a firm owned by diamantaire Nirav Modi, in the multi-crore Punjab National Bank scam.
03 Aug 2018
Nirav ModiIndian agencies told Antigua no adverse records against Choksi: Report
Indian agencies told Antigua that there was no adverse information against Mehul Choksi when the Caribbean country did its background check on the fugitive billionaire before granting him citizenship in May 2017, Antiguan paper the Daily Observer reported.
30 Jul 2018
IndiaIndia asked Antigua to detain Choksi: Details here
India requested authorities in Antigua and Barbuda to detain PNB scam fugitive Mehul Choksi after it received information about his presence in the Caribbean island, government sources said today.
29 Jul 2018
IndiaPNB scam aftermath: India's passport rules may undergo changes
The PNB scam exposed several loopholes in Indian laws that let defaulters like Nirav Modi and Mehul Choksi flee the country after looting over Rs. 12,000cr from banks.
27 Jul 2018
State Bank of India (SBI)State-run banks mull performance-linked pay for employees at the top
In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.
24 Jul 2018
India#CareerBytes: Preparing for SBI-PO? These 5 online courses will help
Bank Probationary Officer exam is one of the most competitive exams in India.
17 Jul 2018
Reserve Bank Of India (RBI)PNB collects Rs. 151.66 crore as below minimum balance penalty
In FY 2017-18, a total penalty of Rs. 151.66cr has been recovered due to non-maintenance of minimum balance in nearly 1.23 crore savings fund accounts, PNB replied in response to RTI activist Chadra Shekhar Gaud's query.
27 Jun 2018
IndiaYou're our guests, won't attack you: Hizbul assures Amarnath pilgrims
A year after a deadly terrorist attack on Amarnath pilgrims killed eight, Hizbul Mujahideen has assured Yatris a safe passage this time, saying it has no plans of attacking the pilgrimage.
18 Jun 2018
IndiaNirav Modi still traveling on Indian passport despite revocation: Reports
Days after he travelled from London to Brussels, reports have claimed that embattled billionaire Nirav Modi made the journey on an Indian passport.
11 Jun 2018
Narendra ModiEmbattled billionaire Nirav Modi seeking political asylum in UK: Reports
Billionaire diamantaire Nirav Modi has headed to the UK seeking asylum alleging "political persecution" in India, the latest reports claim.
10 Jun 2018
IndiaPSU banks suffer whopping Rs. 87,000cr loss in FY18
Losses of 19 government-run banks crossed a whopping Rs. 87,357cr in FY2017-18, topped by scam-tainted Punjab National Bank which took a hit of nearly Rs. 12,283cr.
06 Jun 2018
IndiaKnow what does hiked RBI Repo Rate mean for you
After the bi-monthly review of its monetary policy, the Reserve Bank of India (RBI) today hiked the Repo Rate by 25 basis point to 6.25%.
29 May 2018
KanpurED attaches Rs. 177cr-worth assets in Rotomac bank fraud case
The Enforcement Directorate today said it has attached assets worth Rs. 177 crore in connection with its probe against Kanpur-based Rotomac Group.
27 May 2018
State Bank of India (SBI)#CareerBytes: Going to US for higher-studies? Here're best education-loan options
Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.
16 May 2018
Raksha BandhanNearly 1.70 lakh registrations for the 60-day long Amarnath yatra
Over 1.70 lakh pilgrims have registered for the 60-day long pilgrimage to the cave shrine of Amarnath in south Kashmir Himalayas, set to begin from Jammu on June 28.
15 May 2018
Central Bureau Of Investigation (CBI)Fraud-hit PNB posts Rs. 13,420cr loss in Q4 of FY17-18
On Tuesday, the fraud-hit Punjab National Bank (PNB) reported a massive net loss of Rs. 13,419.91cr in Q4 of FY17-18.
14 May 2018
Central Bureau Of Investigation (CBI)PNB scam: CBI to file chargesheet against several senior bankers
After three FIRs and 19 arrests, the CBI is all set to file its first chargesheet in the Rs. 12,600cr Punjab National Bank (PNB) loan fraud case involving jewellers Nirav Modi and Mehul Choksi.
04 May 2018
PNB ScamPC Jewellers loses over three-quarters of its investor wealth
PC Jewellers Ltd., which saw its market worth reach $3.6bn at the start of the year is now languishing in misery at less than a quarter of that value.
02 May 2018
Central Bureau Of Investigation (CBI)Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
25 Apr 2018
IndiaFraud-hit PNB to hire detective agencies to locate untraceable borrowers
Fraud-hit Punjab National Bank (PNB) has invited applications for empanelment of detective agencies to locate its untraceable borrowers as it looks to "significantly" supplement efforts to recover bad loans which surged to Rs. 57,519 crore at December end.
24 Apr 2018
State Bank of India (SBI)#FinancialBytes: Buying a car? Here are 6 best car-loan options
Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.
20 Apr 2018
LondonRBI approves overseas offices for Yes Bank in London, Singapore
Mid-size private sector lender Yes Bank today said it has received approval from the Reserve Bank of India to have presence in London and Singapore to support the diaspora business and also international trade.
19 Apr 2018
IndiaPSBs among leading govt bodies in rejecting RTI pleas: Study
Public sector banks, which are reeling under a huge burden of growing non-performing assets and being probed by central agencies, have emerged as the leading public authorities in terms of rejecting RTI pleas, an analysis by a voluntary group shows.
18 Apr 2018
Madhya PradeshCash situation at ATMs improving, availability increased: SBI
The State Bank of India (SBI), the country's largest lender said today that cash availability at its ATMs has increased in the past 24 hours following reports of currency shortages and ATMs running dry from different parts of the country.
17 Apr 2018
ICICI BankParliamentary panel summons RBI Governor to answer queries on bank-scams
A parliamentary panel has called Reserve Bank Governor Urjit Patel on May 17 to answer queries on a spate of banking scams unearthed in the last few months, sources said.
15 Apr 2018
Central Bureau Of Investigation (CBI)ICAI issues notices to statutory auditors in Nirav Modi scam
The Institute of Chartered Accountants of India (ICAI) has sent notices to all statutory auditors of Punjab National Bank's Brady House branch, where the over Rs. 13,000cr scam involving Nirav Modi took place, to appear before its disciplinary board.
15 Apr 2018
Central Bureau Of Investigation (CBI)UCO Bank fraud: Ex-CEO booked for defrauding Rs. 621cr
The CBI has booked the former Chairman-cum-Managing Director of UCO Bank, Arun Kaul, along with others, in connection with a Rs. 621cr loan fraud.
11 Apr 2018
Delhi High CourtNirav Modi's company directed to tell him to come back
The Delhi High Court on Wednesday directed diamantaire Nirav Modi's company, Firestar Diamond, to ask him to return to the country, dubbing him a "fugitive".
09 Apr 2018
IndiaHong Kong can take decision on Nirav Modi's arrest: China
China today said that Hong Kong can accede to India's request to arrest fugitive Indian diamond merchant Nirav Modi based on local laws and mutual judicial assistance agreements.
09 Apr 2018
Rahul GandhiRahul Gandhi observes fast against government at Raj Ghat
Congress President Rahul Gandhi is leading a protest at Raj Ghat today.
05 Apr 2018
Ram Nath KovindHonest taxpayers suffer due to willful loan defaulters: President Kovind
Amid mounting NPAs or bad loans in the banking sector, President Ram Nath Kovind today said honest taxpayers suffer due to willful and criminal default on a bank loan.