Nirav Modi is currently in a London and wanted by the Enforcement Directorate and the CBI for allegedly defrauding PNB of Rs 13,400 crore.

Nirav Modi is the key accused in the Rs 6,500 crore scam in which Punjab National Bank was duped through fraudulent letters of undertaking.

All executive powers had already been taken away from her after the CBI named her in the PNB scam.

"The bank has strong foundations and is committed to implement ethical standards besides tightening the norms wherever required despite dem...

The PNB was defrauded of $2 billion allegedly by diamond trader Nirav Modii and his associates.

On Monday, the Central Bureau of Investigation named the bank's CEO Usha Ananthasubramanian in the Rs 13,700-crore Punjab National Bank -Ni...

Sources in the Enforcement Directorate (ED) investigating the scam told ET that the overall exposure of the Punjab National Bank (PNB) case...

Agency sources said about five officers, in the ranks of general manager and above, have been grilled by the agency in the last few days.

The CBI has registered cases against Modi and his companies, and Choksi in connection with the PNB fraud.

Special court gives permission; if convicted, the jeweller, his companies and PNB staffers can potentially be given life imprisonment.

Gokulnath Shetty, former PNB staffer, and Mehul Choksi, the absconding promoter of Gitanjali Gems, could be in prison for life if found gui...

In a written reply to a question in the Rajya Sabha, Jaitley said the last fraudulent LoU was issued on May 23, 2017.

Mehta’s statement has been recorded separately by three central government agencies — CBI, Enforcement Directorate (ED) and the Serious Fra...

Nirav Modi and his uncle Mehul Choksi have been accused of defrauding PNB through the use of fraudulent Letters of Undertaking (LoUs) to ge...

The officials from Punjab National Bank (PNB) are understood to have shared the details of the action taken by them to deal with the fraud.

Meanwhile, CBI continued to question arrested bank officials -- Gokulnath Shetty (retired) and Manoj Kharat, and the signatory of Nirav Mod...

Sunil 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.