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PNB ATM FRAUD
‘Economic terrorism’: Nine online scammers get life sentence for collecting Rs 100 crore through digital arrest fraudIn a first-of-its-kind verdict, a court in West Bengal sentenced nine cybercriminals to life imprisonment for extorting ₹1 crore from a Ran...
New FD rates from June 1, 2025: PNB, Canara Bank revise interest rates across tenuresCanara Bank and Punjab National Bank (PNB) have adjusted their fixed deposit (FD) interest rates for retail term deposits under Rs 3 crore,...
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...
PNB expects to complete technology integration of OBC, United Bank of India by MarchWith the merger, the bank now has about 11,000 branches, more than 13,000 ATMs, one lakh employees and a business mix of over Rs 18 lakh cr...
PNB plans to hit capital market in Q4The bank has a lot of headroom available in terms of AT 1 and Tier II bonds.
Banks find new ways to amuse and inform during lockdown"Tired of staying home and having nothing to do? HDFC Bank Fingage presents The Art Project, to give you a #BreakFromBoredom! Unlock your c...
ATM ‘fraud’ hits 40 customers at PNB branch in DelhiThe customers got “failed transaction” reports after their withdrawal attempts. Six customers have complained to police.
Bank nod for MSME loans of up to Rs 1 crore in 59 mins: GovtBusinesses need to submit GST and income tax details, along with bank statement, to be eligible for speedier loan sanctions.
Private lender Bandhan Bank joins the fray to buy PNB Housing FinanceThe lender has already had preliminary management meetings with the PNB Housing top brass led by MD, Sanjaya Gupta. Goldman Sachs is believ...
Bandhan Bank joins the race for PNB HousingThe bank has to reduce its promoter stake to 40 per cent within three years of starting its business
RBI needs more powers to oversee PSB: Governor Urjit Patel to Parliamentary panelThe RBI governor, who answered queries regarding the PNB fraud, said it was impossible to look after each and every branch of a bank in ter...
RBI governor appears before Parliamentary panel; assures steps to strengthen banking systemSources present at the meeting of the Parliamentary Standing Committee on Finance said the RBI Governor expressed confidence of tiding over...
What is a bank run? It's in full swing in Telangana and Andhra PradeshBanks in Telangana and AP are witnessing long queues for the closure of fixed deposits as well as withdrawals from saving bank accounts.
FRDI Bill fear: ATMs run dry in Andhra Pradesh, TelanganaOutside central Hyderabad, many areas have been reeling under a severe shortage of currency, with ATMs being filled with cash only once a m...
Over 1,700 card, net banking-related frauds reported in 2017Banks and payment system operators have been advised to enhance the security and risk mitigation measures for card transactions.
IT glitches hit Punjab National Bank’s core banking, ATMsPeople also pointed out that some of PNB’s 10,000-plus ATMs faced glitches after it changed the switch solution provider to FIS from ACI Wo...
View: RBI needs to make an example out of guilty banksPundits are asking why RBI’s audits didn’t pick up anything. But there’s a larger question: no regulation works if the regulator isn’t fear...
All NEFT transactions through PNB to be chargedThe outgoing NEFT transactions made through Internet Banking Service have been made chargeable from today.
- E-Payment for social schemes: Finance Ministry asks banks to change fund transfer process to check fraud
The finance ministry has ordered an overhauling of the electronic payment system for the Centre’s flagship social welfare schemes to check ...