punjab national bank

 

PNB fraud: CBI court issues non-bailable warrant against Choksi

Apr 11 2018

A special CBI court issued a non-bailable warrant today against Mehul Choksi, one of the key accused in the multi-crore PNB loan fraud.

Fitch downgrades Punjab National Bank's viability rating to BB-

Apr 10 2018

Fitch Ratings has downgraded the Viability Rating of Punjab National Bank (PNB) to 'bb-' from 'bb' and has maintained the rating on RWN.

SC to decide maintainability of plea for court-monitored in PNB

Apr 09 2018

Supreme Court said it will decide whether the PIL seeking a court-monitored probe into the over Rs 11,000 crore Punjab National Bank fraud case is maintainable or not.

Worst behind us; will be out of Nirav Modi mess in 6 mths: PNB MD

Apr 08 2018

Worst is over for PNB and it will come out of the mess created by the Nirav Modi fraud case in six months, the state-run lender's MD Sunil Mehta said.

SBI, PNB put 15 NPAs worth Rs 1,063 crore for sale

Apr 08 2018

Leading public sector lenders State Bank of India (SBI) and PNB have put their 15 non-performing assets worth Rs 1,063 crore for sale.

Despite fraud, PNB's 2017-18 domestic business up 7.9%

Apr 06 2018

Despite a major fraud, state-run Punjab National Bank (PNB) on Friday reported a 7.9 per cent growth in its domestic business.

India asks Hong Kong to arrest jeweller Nirav Modi in bank fraud

Apr 06 2018

India has asked authorities in Hong Kong to arrest jeweller Nirav Modi, one of the main suspects in a $2-billion fraud at PNB, the govt said.

PNB fraud: HC seeks ED reply on plea by Mehul Choksi's firm

Apr 06 2018

Delhi High Court sought the Enforcement Directorate's response on a plea by Gitanjali Gems in a money laundering case in connection with the over Rs 11,000 cr PNB case.

State-run banks gain as RBI allows to spread bond trading losses

Apr 03 2018

Shares of state-run lenders rose after RBI allowed banks to spread their bond trading losses, in a move that will likely boost the profitability of banks.

Customers' money is safe with us, says fraud-hit PNB

Apr 03 2018

State-run lender Punjab National Bank (PNB) has said its customers' "money is safe with us".

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SCRAP POLICY

Steel Ministry To Announce Scrap Policy This Year

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Steel Secy Arun Sharma Says Policy Will Be Out By December 2018

Scheme Will Come In Effect From April 2020

Mint Reports

BHARTI AIRTEL

Telenor India Eyes Bankruptcy Filing, Merger Plan With Airtel May Take Hit

Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval

Economic Times Reports

ESSAR STEEL

Lenders To Meet Today To Decide On Essar Steel

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Business Standard Reports

ICICI SECURITIES

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SEBI has sought details of investment made by ICICI Prudential MF

Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr

A large chunk was bought by ICICI MF

ICICI MF is ICICI Securities largest public shareholder with 3.82% stake

Mint Reports

THOMAS COOK

Board approves proposal for corporate restructuring

Move aimed at simplifying & clarifying structure & holdings

To focus on travel, forex, destination mgmt & portfolio investments

Restructuring will consolidate HR services into Quess Corp

Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co

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