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PNB POSITIVE PAY
Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...- PNB joins hands with Kiwi to expand credit on UPI for 180 million customersState-owned Punjab National Bank has partnered with Kiwi to launch the RuPay-based PNB Kiwi Credit Card. It offers digital onboarding, UPI ...
- 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...
- Sebi issues Rs 5.35-cr demand notice to Mehul ChoksiSebi has sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in t...
- Positive Pay System: New cheque rule for Punjab National Bank customersPunjab National Bank (PNB) has made Positive Pay System (PPS) mandatory for cheque payments of Rs. 5 lakh and above.
- PNB makes Positive Pay System mandatory for cheque payments worth Rs 5 lakh and aboveIn a move to safeguard customers from fraudulent payment of cheques, state-owned Punjab National Bank (PNB) has made the Positive Pay Syste...
- PNB to use Positive Pay System for cheques above Rs 5 lakh from April 5, 2023From April 4, 2023, Punjab National Bank (PNB) will implement the Positive Pay System (PPS) for cheque payments above Rs 5 lakh. High-value...
- PNB positive pay: Customers should give details one day before presenting high-value chequeIn order to notify its clients about high-value check scams, Punjab National Bank asked last week that they submit information relating to ...
- PNB customers must give details of high-value cheques before clearancePNB said it has made the PPS facility live through all branches, internet banking services retail and corporate PNB ONE as well as SMS bank...
- How PNB customers can submit positive pay data online to get these high-value cheques clearedPunjab National Bank (PNB) informed last month that high-value cheques valued more than Rs 10 lakh will be cleared using the Positive Pay S...
- PNB reduces savings account interest rate: Check the latest ratesThe interest rate on savings accounts with balances under Rs 10 lakh has been reduced by the Punjab National Bank (PNB) to 2.70 percent. Th...
- PNB to clear cheques of Rs 10 lakh & above after customer confirmation from Apr 4PNB said high-value cheques of Rs 10 lakh and above will be cleared after reconfirmation with the issuer under the Positive Pay System (PPS...
- Charges, rules at these banks will change in FebCustomers with ICICI Bank credit cards would have to pay a transaction charge on cash advances of 2.50 percent on advanced sums on all card...
- Punjab National Bank launches festival offer, waives processing charges on some loansUnder the 'Festival Bonanza Offer', the bank will waive all upfront or processing fees and documentation charges on some of its major retai...
- Corp tax cut: PNB Housing Fin's effective tax rate to come down by 8-9% pointsThe company's effective tax rate will come down following the government's decision to slash corporate tax rate.
- PNB fraud: CBI questions Allahabad Bank CEO & MD Usha AnanthasubramanianAnanthasubramanian (60), who was recently elected as the IBA chief, had held senior positions in the PNB where Modi and Choksi were alleged...
- ED probes if PNB scam is a case of fund round-tripping“ED is examining FDI and the end use of funds,”
- PNB's letter explains why it went public about the fraud, wants workable plan from Nirav ModiPNB said this in its response to a mail written by Nirav Modi, who allegedly cheated the bank of Rs 11,400 crore in connivance with a few b...
- How PNB was defrauded: The great bank heistSunil Mehta, MD and CEO of PNB, outlined the liabilities in a recent letter to finmin. The total amount of LoUs is worth Rs 9,539.3 crore.
- PNB makes locker visiting facility freePNB used to charge customers Rs 50 per visit after the limit of 12 free visits in an year. Banks in general charge customers to visit locke...
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