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The Latest Breaking News from PNB

ED files charge sheet against Choksi, wife in PNB scam

It also names retired bank official for issuance of fraudulent letters of understanding

Explained | The case against Mehul Choksi

Explained | The case against Mehul Choksi

What happened to the charges brought against the diamantaire in Dominica? Does India have an extradition treaty with Antigua and Barbuda?

PNB shares tumble nearly 14% after Q4 earnings

PNB shares tumble nearly 14% after Q4 earnings

NEW DELHI: Shares of Punjab National Bank (PNB) on Thursday tumbled nearly 14 per cent after the company reported over 60 per cent decline in standalone net profit for the quarter ended March 2022.

The Times of India

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PNB Q4 net drops 66% to Rs 202 crore

NEW DELHI: Public sector lender Punjab National Bank on Wednesday reported a 66 per cent decline in its standalone net profit at Rs 202 crore for the quarter ended March 2022 due to higher amount parked towards provisioning, even as bad loans declined.

The Times of India

PNB hikes lending rate by 40 bps

NEW DELHI: State-owned Punjab National Bank (PNB) on Friday said it has hiked its external benchmark linked lending rate by 0.40 per cent to 6.90 per cent with effect from June 1.

The Times of India

Mehul Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

NEW DELHI: The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said…

The Times of India

I-T department confiscates Mehul Choksi's property in Nashik

NEW DELHI: The Income Tax (I-T) department on Friday confiscated fugitive diamantaire Mehul Choksi's properties in Nashik, news agency ANI reported.

The Times of India

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PNB launches cardless cash withdrawal facility

PNB launches cardless cash withdrawal facility

NEW DELHI: State-owned Punjab National Bank (PNB) on Tuesday launched cardless cash withdrawal facility for its customers as well as virtual debit card to mark its foundation day.

The Times of India

PNB scam | Nirav Modi’s close aide Subhash Shankar Parab sent to CBI custody till April 26

PNB scam | Nirav Modi’s close aide Subhash Shankar Parab sent to CBI custody till April 26

‘He was handling financials of six Hong Kong–based and 13 Dubai–based dummy companies’

Nirav Modi's close aide Subhash Shankar Parab sent to 14-day CBI custody till April 26

Nirav Modi's close aide Subhash Shankar Parab sent to 14-day CBI custody till April 26

NEW DELHI: The Central Bureau of Investigation (CBI) on Tuesday sent fugitive diamond merchant Nirav Modi's close aid Subhash Shankar Parab to 14-day custody, till April 26, in connection with the Punjab National Bank (PNB) loan fraud case.

The Times of India

PNB, IDBI Bank get govt nominee directors on their boards

PNB, IDBI Bank get govt nominee directors on their boards

NEW DELHI: The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cessation of the terms of incumbent directors.

The Times of India

PNB donates ₹25 lakh to Greater Chennai Corporation

PNB donates ₹25 lakh to Greater Chennai Corporation

CSR funds allotted for Namakku Naame Thittam

Awaiting Govt., RBI guidelines on SWIFT transactions with Russian entities: PNB

Awaiting Govt., RBI guidelines on SWIFT transactions with Russian entities: PNB

On March 2, the EU prohibited certain Russian banks from accessing the SWIFT financial messaging system in view of Russia's "unprovoked and unjustified military aggression against Ukraine".

PNB to clear cheques of Rs 10 lakh & above after customer confirmation from April 4

PNB to clear cheques of Rs 10 lakh & above after customer confirmation from April 4

NEW DELHI: State-run Punjab National Bank (PNB) on Tuesday said high-value cheques of Rs 10 lakh and above will be cleared after reconfirmation with the issuer under the Positive Pay System (PPS) from April 4.

The Times of India

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PNB fraud case | CBI seeks prosecution sanction against ex-MD, two officials of bank

CBI registered case on February 15, 2018 against Mehul Choksi’s Gitanjali group of companies and others

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