Oct 22, 2019-Tuesday

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Tuesday, Oct 22, 2019
news about Punjab national bank
Oct 17, 2019 13:22
The 48-year-old remains in judicial custody pending a full extradition trial scheduled for May 2020 and must appear for “call-over” hearings until the case management for the trial kicks in from February next year. read more
Sep 24, 2019 21:29
A Central Bureau of Investigation (CBI) team laid a trap and caught the middleman, a private person red-handed while accepting Rs 1 lakh bribe after the complaint against the bank manager. read more
Sep 19, 2019 17:13
Nirav Modi, 48, who is wanted in India in connection with major financial offences related to a Mumbai branch of the Punjab National Bank, appeared through a video-link from the west London jail. Under UK law, the jail remand needs to be renewed every... read more
Sep 13, 2019 13:21
In August 30 order, the government announced four bank mergers, the biggest of the four being the coming together of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest Public Sector Bank (PSB) with... read more
Sep 03, 2019 11:58
Among public sector banks, shares of Punjab National Bank fell 6.3%, Canara Bank declined 4.7% and Indian Bank was down 4.5%. The Nifty PSU Bank index declined 3%. read more
Sep 03, 2019 11:46
While the mergers are aimed at creating bigger and healthier lenders, the time needed for integration and challenges related to staff, branch and process overlaps are expected to be the main immediate risks. read more
Aug 30, 2019 17:14
The biggest of the four, will be the merger of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest public sector bank with a business of 17.5 lakh crores read more
Aug 30, 2019 17:01
In a major development, the government on Friday announced merger of Oriental Bank of Commerce and United Bank with Punjab National Bank. read more
Aug 07, 2019 16:17
The CBI moved plea for polygraph test and narco analysis test of former deputy manager of Punjab National Bank Gokulnath Shetty arrested in connection with a fraud case. read more
Jul 14, 2019 09:23
Allahabad Bank said in a statement that it had told the Reserve Bank of India (RBI) that it had identified a fraud worth $259 million in Bhushan’s accounts. read more
Jul 07, 2019 10:27
PNB has been defrauded of over $2 billion in a separate scam that came to light last year. read more
Jul 06, 2019 23:48
Thakkar holds additional charge of DRT, Mumbai. One more case of alleged fraud of around Rs 1,700 crore registered by PNB against Modi is pending before the DRT, Mumbai. read more
Jul 02, 2019 13:52
The high court order came on the request of the ED that deposits in the bank account were made from proceeds of money illegally siphoned off by Nirav Modi from the Punjab National Bank. read more
Jun 27, 2019 16:46
Modi, 48, appeared via video-link from the jail during the brief court hearing. He was last remanded on May 30. As per law, the remand needs to be renewed every 28 days. read more