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Read More »PNB Housing Finance's second quarter results are reassuring, but liquidity is essential
The loss of the PNB related to the fraud amounts to 45.32 billion Rs for bad debts, the stock decreases
[ad_1] The increase in provisions for bad debt and the reduction in cash increased the net loss of 45.32 billion rupees in the United Kingdom during the second quarter of the current …
Read More »The Nifty PSU Bank index increases its earnings; Bank of Baroda shares, SBI, PNB jump
[ad_1] Broken bank stocks have rebounded sharply over the last two weeks, due to unfortunate earnings surprises and hopes of reversing the bad loan cycle. Monday, the Nifty PSU Bank Index a …
Read More »SBI, PNB and other PSB alert: Agencies likely to be closed in these areas
[ad_1] This occurred after the central government had injected Rs 2.11 lakh crore into the PSB and asked the banks to streamline their operations outside of India Public Sector Banks (PSB) , …
Read More »PNB scam: GNP receives conditional acquiescence from RBI to pay interest
[ad_1] MUMBAI: The National Bank of Punjab, which has been faced with a default of interest payments, has received conditional approval from the Reserve Bank of India to pay interest on its …
Read More »Six PSB, including PNB, could benefit from a capital injection of 80 billion rupees: Report
[ad_1] About six public sector banks (PSB), including the Punjab National Bank (PNB) that was affected by the Nirav Modi scam, could receive an injection of capital of about 80 billion government …
Read More »SC expels PIL in search of a court-controlled SIT investigation on scams such as PNB fraud
[ad_1] The Supreme Court today rejected an LIP seeking a judicial inquiry into various financial scams, including the sensational PNB fraud case, observing that unjustified and vexatious claims were made against the …
Read More »PNB civil servants: CBI pounds GNP officials, infrastructure company for four crore loan crore | Hyderabad News
[ad_1] HYDERABAD: The Central Bureau of Investigation recorded a case of cheating against five people, including two officials of the Punjab National Bank and an infrastructure company based in Jubilee Hills. The …
Read More »Nirav Modi | PNB Fraud: Interpol Issues Red Corner Notice Against Nirav Modi
[ad_1] NEW DELHI: The International Criminal Police Organization (Interpol) on Monday issued a red corner notice against diamond dealer Nirav Modi as part of the scam of the National Bank of Punjab …
Read More »PNB scam: the Enforcement Directorate lays an indictment against Mehul Choksi
[ad_1] The Enforcement Branch filed Thursday its indictment against businessman Mehul Choksi and his affiliates in connection with a fraudulent fraud. a commitment letter of 140 billion rupees. This comes more than …
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