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NEWS ABOUT PNB
Stocks in news: SBI Life, Trent, Tata Investment, HCL Tech, Suzlon EnergyIn today's trade, shares of SBI Life, Trent, Tata Investment, HCL Tech, Suzlon Energy among others will be in focus due to various news dev...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
ATM cash withdrawal fraud: PNB customer to get Rs 99,000 damages ordered by State Consumer CommissionPunjab National Bank: A lady from Haridwar lost Rs 75,000 in an ATM fraud. However when she told PNB about this, instead of solving the iss...
Refund of fraud transactions: Railway police constable wins case against PNB after 10 years; what to do in such cases?Punjab National Bank: What happened was an constable with Railway Protection Force (RPF) became a victim of electronic fraud in 2013 and Rs...
Banks to be open for only 5 days a week? Finance ministry receives IBA proposalThe Indian Banks Association (IBA) has filed a proposal about the adoption of a five-day workweek to the Finance Ministry, according to a n...
India's inclusion in GBI-EM good news for bond market: Vikas Goel, PNB GiltsIt is not a matter of taking a view, it is passive investment. So essentially, as we go from June onwards, from 1% to 10% in their investme...
Mehul Choksi, diamond trader wanted in the PNB scam goes missing: ReportsOn May 24, “Antiguanewsroom", a local media outlet, quoted Commissioner of Police Atlee Rodney saying that the force is “following up on th...
PNB Housing Finance slips after company clarifies on stake sale reportThe report further added that the deal is expected to fetch them about Rs 6,000 crore each.
Referred Mudra loan misuse case for necessary action: PNBThe PNB was responding to a clarification sought from exchanges on a news report about unearthing of misuse of Mudra loan by CBI and filing...
$2 billion bank fraud is Barings redux for biggest Indian lenderIn 1995, a single rogue trader had brought Barings Plc to its knees, a debacle that ended the 233-year-old British merchant bank’s independ...
PNB swindle: SBI hopes to get its dues backHe said the exposure of SBI to Gitanjali Gems - one of the companies involved in the scam - has also been crystallised and there was no iss...
Enough assets to meet any liability, says scam-hit PNBThe bank said on basis of preliminary investigation report, it had simultaneously informed its Board and BSE, NSE of initial fraud case of ...
Have strong sovereign backing, adequate capital, PNB assures customersThe alleged fraud was affected by fraudulent Letter of Undertakings (LOUs) issued to firms of diamantaire Nirav Modi and Mehul Choksi.
Do your mutual fund schemes have huge exposure to PSU banks? Here is a listMany investment experts believe that the PNB scam might claim more victims in the PSU banking sector in the coming days.
PNB mega fraud: All you need to know in briefWith several questions still unanswered, here’s what we know about the case.
How Nirav Modi allegedly executed a $2 billion PNB fraudShares of the lender, Punjab National Bank, plunged on the news, dragging down other lenders when it said the scam may extend to multiple b...
PNB says has ability to recover after uncovering giant fraudMehta said that investigation was done on priority, and that the bank approached law enforcement agencies as soon as they managed to verify...
Hit by a massive fraud, PNB stock plunges 9.8%The Nifty PSU Bank index plunged 4.8 per cent and the Nifty bank index dropped 1.4 per cent.
Fraud at PNB 30% of its total mcap; A case for more oversight?Amount involved is nearly 1/3rd of the total mcap of the lender, that is around Rs 35,500 crore.
- Adopt the Wait & Watch approach for PNB: Mitesh Thacker
"I would just wait it out. It has had a good run and then kind of corrected on both on the news side."