Union Minister Ravi Shankar Prasad hit out at the Congress saying that the entire banking system was out of control under the leadership of Economist Prime Minister Manmohan Singh. He added that the corruption was planted in the Congress regime

Chidambaram helped Mehul Choksi in 2014: Ravi Shankar Prasad

The government's priorities are likely to be the passage of the triple talaq bill and the Fugitive Economic Offenders Bill

Budget Session to resume in Parliament from today

More than a dozen people have been arrested by the CBI since the fraud at PNB, the country's second-biggest lender, came to light in January

PNB scam: CBI arrests 4 more officials of Modi, Choksi companies

An official of Punjab National Bank received gold and diamond jewellery from billionaire jeweller Nirav Modi accused of being involved in a $2 billion bank fraud, the CBI told a court on Saturday

PNB fraud: CBI says Nirav Modi gave gold bribes 

Amid the investigation by various probe agencies in Punjab National Bank scam case, accused Nirav Modi sent an email to Enforcement Directorate to ask about the reasons for suspending his passport

PNB scam: 'My fate was pre-determined' says Nirav Modi

WION Morning News Brief, March 2, 2018

'We are aware of recent media reports that Nirav Modi is in the United States but cannot confirm them,' a State Department spokesperson said

PNB scam: Cannot confirm Nirav Modi is here, says US

The CBI, which is also part of the investigation, had registered an FIR against Choksi for allegedly defrauding Punjab National Bank of over Rs 6,100 crore

PNB scam: ED attaches 41 properties worth Rs 1217.20 crore of Mehul Choksi

CBI had written to Nirav Modi on his official email address asking him to join the investigation

We have businesses abroad so I can't join investigations: Nirav Modi replies to CBI's mail

RP Infosystems manufactures personal computers and is based out of Kolkata

CBI registers Rs 515.15 crore bank loan fraud case against RP Infosystem, directors

The company has listed assets and liabilities in the range of $50 million to $100 million, according to a court filing in the Southern District Of New York on Monday.

Nirav Modi's Firestar Diamond files for bankruptcy in the United States

Besides fixing 'clear accountability' of senior officials, the banks must also learn from best practices and pinpoint strategies including technical solutions, Financial Services Secretary Rajeev Kumar said

PNB scam: Fix operational gaps in 15 days, Finance Ministry tells state-run banks

The statement was issued hours after Kannan was grilled by CBI

PNB scam: Have no exposure to Nirav Modi group of companies, says ICICI

The company's shares opened weak at Rs 107.80, then cracked 8.75 per cent to a 52-week low of Rs 102.10 on the BSE

PNB scam: Punjab National Bank stock slumps 9% to hit 52-week low

He currently holds the post of General Manager

PNB scam: Bank appoints AK Pradhan as Group Chief Risk Officer

The Rs 11,400 crore scam is already one of the biggest in the Indian banking sector

PNB fraud: Bank says scam amount could be Rs 1,300 crore higher

Mehul Choksi and Nirav Modi are accused of cheating the Punjab National Bank (PNB) of Rs 11,400 crore, with the purported involvement of a few employees of the bank

66 more bank accounts of Gitanjali Group frozen: Sources

The properties include a farm house in Alibaug, a solar power plant, 135 acres of land in Ahmednagar, along with residential and office properties in Mumbai and Pune

PNB scam: ED attaches Nirav Modi's property of over Rs 500 crores

Nirav Modi is currently under investigation over alleged bank fraud of Rs. 11,300 crore

Priyanka Chopra quits as Nirav Modi brand ambassador

Statement also claimed that these transfers have not impacted the smooth functioning of the branches

Punjab National Bank denies reports of transferring 18,000 employees

While speaking at Fourth Global Business Summit organised in Delhi by Economic Times he said 'I want to make it clear that this government has been taking strict action against financial irregularities and will continue to take strict action, System will not tolerate loot of public money'

Our government will continue to take strict action against financial irregularities: PM Modi

The Swift system is the global payments network that PNB officials gamed to issue Letters of Understanding (LoUs) to Nirav Modi. Modi had got his bank loans on the basis of the LoUs

PNB scam: Government to propose change to Swift system; ED seizes Nirav Modi, Mehul Choksi stocks worth Rs 94 crore

CVC's order comes in the wake of the ongoing investigations in the Rs 11,400 crore PNB scam

Post-scam, PNB transfers nearly 18,000 employees after CVC rap

'It is incumbent on us as a state, till the last legitimate capacity of the state, to chase these people (fraudsters) to the last possible conclusion to make sure the country is not cheated,' Jaitley said

Will chase PNB fraudster to the end, says Jaitley. Blames bank management for scam

pnb-scam

Pnb Scam, News on Pnb Scam, stories on Pnb Scam, articles on Pnb Scam, Pnb Scam stories at Wion, Pnb Scam news, Pnb Scam latest news

pnb scam

Chidambaram helped Mehul Choksi in 2014: Ravi Shankar Prasad