New monetary limits for public sector banks to report frauds to CBI: CVCThe commission would clarify that the monetary limits, as prescribed in RBI's master circular, should be followed for reporting financial f...
10 May, 2018, 04.12 PM IST
CVC wants details of frauds from banks to devise preventive mechanismUnderscoring the need for detailed research on the subject, the Central Vigilance Commissioner said the exercise to collect and analyse dat...
15 Apr, 2018, 03.42 PM IST
CVC had raised alarm a year before Nirav Modi-Mehul Choksi scam brokeCVC's annual report for 2017 says the commision held a meeting on January 5, 2017 with senior officials of the CBI and Enforcement Director...
09 Apr, 2018, 10.40 AM IST
Central Vigilance Commission awaits detailed vigilance report; calls PNB auditorsThe watchdog asserted the need for strengthening the preventive vigilance mechanism, ensuring procedures were not just routinely followed b...
08 Apr, 2018, 03.55 PM IST
RBI did not do proper auditing: CVC on PNB fraudCentral Vigilance Commissioner K V Chowdary today said there had been "no apparent audit" by the central bank during the period of the scam.
03 Apr, 2018, 04.23 PM IST
PNB awarded for timely completion of disciplinary proceedingsJitendra Singh said the awards were conferred in 2017 under various categories to chief vigilance officers (CVOs), vigilance functionaries ...
08 Mar, 2018, 07.33 PM IST
Punjab National Bank, United Bank of India top list of officials prosecutedOverall, year-wise data shows that 2015 had the most number of sanctions (11), followed by 2017 (10). In 2016, prosecution of nine official...
28 Feb, 2018, 10.47 AM IST
Following fraud detection PNB transfers 1,415 employeesNirav Modi has allegedly cheated the country's second largest bank through issuance of LoUs in connivance with a few officials of the bank ...
23 Feb, 2018, 03.50 PM IST
PNB officials under scanner, some may be asked to step asideSome officers could be asked to step aside to ensure a fair probe, people aware of the matter said on condition of anonymity.
21 Feb, 2018, 07.26 AM IST
PNB Fraud: MoF asks RBI to give details of systems to prevent wrongdoingThe finance ministry wrote to RBI seeking details of the systems that the banking regulator had put in place to prevent wrongdoing and if t...
20 Feb, 2018, 07.19 AM IST
Rs 11,400-crore PNB fraud case: CVC steps in, meets top bank and finance ministry officialsThe officials from Punjab National Bank (PNB) are understood to have shared the details of the action taken by them to deal with the fraud.
19 Feb, 2018, 07.45 PM IST
PNB tanks 7% as CEO meets CVC officialsPNB has been asked to provide a report on lapses on the SWIFT records.
19 Feb, 2018, 03.55 PM IST
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.
16 Feb, 2018, 07.45 AM IST
Government departments sitting on cases flagged by CVCCVC said some top officials in these instances had not only overlooked the issues it raised but also indulged in covering up the irregulari...
22 Aug, 2016, 04.49 AM IST
Govt depts' selective approach in graft cases irks CVCThe Central Vigilance Commission has slammed selective approach of some government departments for their failure to follow its advice again...
04 Aug, 2015, 05.01 PM IST
Coalgate, other scams of Rs 7000 cr unearthed by CVC in 2012Ministry of Coal had allotted 64 coal blocks to private parties between 2006 to 2009 and alleged a loss of Rs 43,96,943 crore to the excheq...
04 Sep, 2013, 04.25 PM IST
- Rs 2,500 crore bank fraud: CVC examining case against 24 officials
CVC is examining a reference received from Punjab National bank involving 24 of its officials in an alleged fraud involving over Rs 2,500 c...
29 Nov, 2012, 08.41 PM IST