A CBI officer said the issuance of NBW would allow the CBI to approach the Interpol for issuing a Red Corner Notice against Choksi as well ...

The special court has allowed the application for the issuance of NBWs against Modi and Choksi who had repeatedly refused to join the inves...

Shetty was earlier arrested by the CBI, probing the over Rs 13,500-crore fraud, in February. He was later remanded in judicial custody.

"The court has allowed our application. Now, we will arrest former deputy general manager of PNB Gokulnath Shetty, a key accused," special ...

The due date of payment for the instruments was January 20, 2020.

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

A former banker at a state-run lender said a bank could normally earn around 1-1.5% commission for opening an LoU with a one-year maturity.

The investigating agency will arrest him again in a second FIR related to Mehul Choksi-promoted Gitanjali Gems.

All five PNB officials arrested so far were part of the forex department at the bank's Brady House branch at the time of the alleged fraud.

To begin with, SWIFT — the international money transfer switch — requires three separate employees with different passwords to issue a mess...

A glance at his Facebook page suggests that the retired executive kept tabs on disciplinary action against bankers — a group on the social ...

PNB has been asked to provide a report on lapses on the SWIFT records.

The society from which the CBI picked up Shetty on Saturday is home to senior bankers, businessmen and executives from leading private comp...

The questioning revealed that Shetty had access to level 5 password of SWIFT messaging system which he shared with emloyees of Nirav Modi's...

As the PNB deputy manager approached the end of his tenure, the frequency with which he issued LoUs to Modi and Choksi reached feverish pro...

Shetty, a former deputy manager at the Punjab National Bank, and Manoj Kharat, have been described as the "single window operators" of the ...

According to guidelines for state-owned banks, a manager is due for transfer every three years and managers holding specialist positions ca...