Tag: Punjab National Bank

PNB fraud case: ED attaches 4 Swiss bank accounts of Nirav Modi, sister

The ED action comes months after it filed a supplementary chargesheet against Nirav Modi's wife Ami Modi, for being the beneficiary of alleged purchase of two apartments at Central Park in New York.

June 27, 2019

Mehul Choksi ‘will be extradited’ to India once he exhausts all his legal options: Antigua PM

Choksi, in a bid to avoid extradition to India, had earlier this year, surrendered his passport to the Indian High Commission in Antigua.

June 25, 2019

Will provide air ambulance to bring Mehul Choksi from Antigua: ED to Mumbai court

Choksi, currently based in the Caribbean nation of Antigua, filed an affidavit stating he had left the country in January 2018 for getting medical check-up and treatment abroad.

June 22, 2019

PNB fraud | Nirav Modi denied bail for fourth time by UK court, to stay in prison

Nirav Modi has already been denied bail thrice by the Westminster Magistrates' Court, as the judge ruled there was "substantial risk" that he would fail to surrender and deemed the bail security offered as insufficient.

June 12, 2019

Paytm Payments Bank ahead of major banks in digital transaction target

In a statement, Paytm Payments Bank said it is only behind the State Bank of India, which has the highest target for digital transactions.

June 7, 2019

PNB slips back into loss of Rs 4,750 cr in Q4

PNB slipped back into losses during the quarter in consideration after coming back into the black in the previous quarter ending December.

May 28, 2019

PNB Housing Finance to consider raising up to $1 bn

PNB Housing had said that its current capitalisation level was adequate. The company also said it was planning to raise capital to achieve its target growth and would soon present the proposal to the board. The PNB Housing Finance stock was trading 3.76 per cent down at Rs 681.50 during afternoon on Thursday on the BSE.

May 2, 2019

UK court rejects bail plea of Nirav Modi, to remain in custody till May 24

The court is hearing the extradition case of Nirav Modi in the $1 billion Punjab National Bank (PNB) fraud and money laundering case.

April 26, 2019

PNB Technical Officer Interview Admit Card, Result 2019 released on www.pnbindia.in

PNB Technical Officer exam results/interview admit card 2019: Candidates looking to checking their PNB Technical Officer Exam results get it via this direct link.

April 24, 2019

Write-offs demanded by investors as Jet owes over Rs 11,000 cr outstanding debt

The airline owes the largest chunk to its lenders at over Rs 7,000 crore (Rs 7,251 crore).

April 22, 2019

PSBs continue with 180 days to resolve Jet

Official sources in the Finance Ministry said that banks have informed the ministry that they were not ready to wait endlessly to restore health of the beleaguered airline and if attempts to bring in a strategic investor fails or is not completed by June 30, lenders may immediately initiate bankruptcy proceedings against Jet.

April 7, 2019

CBI team to be London on March 29 for hearing of Nirav Modi extradition case

The 48-year-old had been denied bail by District Judge Marie Mallon at his first hearing soon after his arrest by Scotland Yard officers from a central London bank branch.

March 27, 2019

Nirav Modi’s extradition likely to take long time, says top UK law expert

The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.

March 21, 2019

Nirav Modi may be kept in separate cell in UK prison, inmates to be Dawood henchman

Modi was arrested from a Metro Bank branch in London by uniformed officers on Tuesday, when he went there to open a new bank account.

March 21, 2019

Nirav Modi’s bail plea rejected by London Court, to remain in custody till March 29

According to investigating officials, Modi had left India on January 1, 2018, much before the CBI received a complaint from Punjab National Bank (PNB) on January 29, 2018, about the fraud.

March 20, 2019

PNB recruitment 2019: Admit cards for 325 Specialist officers posts issued at pnbindia.in, download now

PNB recruitment 2019: Interested candidates should be able to download the admit cards using the official website. 

March 15, 2019

‘Fit for extradition’: UK sends India’s request to extradite Nirav Modi to London court, says ED

Soon a joint team of the ED and the CBI would travel to the UK to apprise the lawyers about the Indian case and evidence against Modi, ED sources said.

March 9, 2019