PNB Fraud: ED Freezes Deposits, Shares Worth Rs 44 Cr Of Nirav Modi Group
The ED today said it has frozen bank deposits and shares worth about Rs 44 crore of the Nirav Modi group, and seized a... Read more
CA Institute Issues Show Cause Notice To PNB's Central Statutory Auditors
Show cause notice issued to auditor of Gitanjali Gems too Read more
CBI Arrests Rotomac Owner Vikram Kothari
The CBI today arrested Rotomac owner Vikram Kothari and his son Rahul, both directors in the company, for alleged defau... Read more
PNB Convenes EGM For ₹5,473-cr Capital Infusion By Government
The ₹11,300-crore Nirav Modi Group and Mehul Choksi Group perpetrated fraud has not deterred scam-hit Punjab National ... Read more
How The Three Fraudulent Transactions Happened At CUB
Hackers disabled the printer connected to SWIFT before the heist, says CEO Kamakodi Read more
Exposure To Rotomac Group ₹517 Cr: Allahabad Bank
Allahabad Bank has said that it has an exposure of ₹517 crore to the Rotomac group. In response to a clarification s... Read more
CVC Directive On Transfer Of Bank Staff Will Affect Year-end Operations: Unions
Petition the commission to defer the order till March 31 Read more
Wage Revision: IDBI Bank Staff Back On War Path As Impasse Continues
Management has been indifferent to the issue, says union; dharna planned outside head office in Mumbai today Read more
Spotlight On Weak Governance, Poor Risk Management At PSBs
Checks and curbs exercised by top bank officials have over the years been significantly diluted, says industry veteran Read more
LIC To Tune Into Radio With ₹12-15-cr Ad Spend
Looks to market services through advertiser-funded programmes Read more
Bank Staff Transfer Ruling Has To Be Revisited, Says Officers Union
To affect bank operations Read more
PNB Asks Nirav Modi To Come Up With Implementable Plans To Repay Dues
Punjab National Bank said this in its response to a mail written by Nirav Modi, who allegedly cheated the bank of Rs 11,... Read more
NatWest Tests AI-powered Digital Human To Answer Customer Queries
NatWest, a UK-based retail and commercial bank, has started advanced testing of an artificial intelligence (AI) driven d... Read more
Enough Assets To Meet Any Liability, Says PNB
State-owned PNB today said it has followed lawful avenues to recover its dues following the Rs 11,400-crore swindling ... Read more
ATM Interchange Fee Needs To Be Revised Upwards To Rs 18: Sanjeev Patel
The ATM interchange fee needs to go up to Rs 18 at least from the current Rs 15, said Sanjeev Patel, Chief Executive ... Read more