Virat Kohli continues to be our brand ambassador, says PNB
The state lender also said that it has not engaged PwC to conduct an investigation into the alleged fraud and gather evidence against Nirav Modi and his associates
Feb 23, 2018, 23:00 PM IST
Will not tolerate loot of public money: PM Narendra Modi promises 'strict action' on PNB fraud
He said that the management of financial institutions as well as the supervisory bodies have to do their job diligently to check such frauds.
Feb 23, 2018, 22:28 PM IST
PNB fraud: Not only Nirav Modi, Mehul Choksi even aides left country in 2nd week of Feb
It's not just billionaire jeweller Nirav Modi, his wife Ami Modi, his brother Nishal Modi, and his maternal uncle Mehul Choksi have left the country, days before Punjab National Bank's multi-crore fraud case came to light.
Feb 23, 2018, 17:14 PM IST
PNB fraud fallout: Priyanka Chopra terminates contract with Nirav Modi's brand
Nirav Modi, Mehul Choksi and others are being investigated by multiple probe agencies.
Feb 23, 2018, 15:15 PM IST
PNB fraud: ED freezes Nirav Modi's bank account with Rs 30 crore balance
The Enforcement Directorate (ED), probing the role of diamond merchant Nirav Modi and his uncle Mehul Choksi, the promoter of Gitanjali Gems, in the Rs 11,400-crore alleged fraud at the Punjab National Bank (PNB), on Friday froze bank accounts with Rs 30 crore balance, shares of Rs 13.86 crore value held in Modi's company.
Feb 23, 2018, 11:03 AM IST
Notice to Nirav Modi sent on email also: External Affairs Ministry
Nirav Modi is one of the accused in the over Rs 11,000 crore PNB scam.
Feb 22, 2018, 23:59 PM IST
Data breach hits 10,000 PNB credit, debit card customers: Report
The state-run lender is already reeling under Rs 11,400 crore financial fraud by diamantaire Nirav Modi and his maternal uncle Mehul Choksi.
Feb 22, 2018, 23:58 PM IST
Nirav Modi fraud case could trigger prompt corrective action on PNB: Kotak report
The state-run lender had detected fraudulent transactions worth Rs 11,400 crore at one of its branches in Mumbai.
Feb 22, 2018, 23:45 PM IST
No exposure against PNB LoUs for gems, jewellery clients: Bank of Baroda
The Vadodara-based state lender said that all the LoUs issued by the bank are duly controlled for in the books of the bank
Feb 22, 2018, 23:31 PM IST
PNB denies transferring 18,000 staff after Nirav Modi scam
The Bank has earlier clarified with reference to other media reports in this regard that it has enough assets and capital to handle the situation arising out of the scam.
Feb 22, 2018, 22:56 PM IST
RBI's new NPA norms may undermine bank earnings: Fitch
The new framework will give banks less discretion over the reporting and resolution of bad assets.
Feb 22, 2018, 20:16 PM IST
Nirav Modi's 'valuable' paintings are fake, suspect investigative agencies
Nirav is being investigated by multiple probe agencies after the fraud came to light recently following a complaint by the Punjab National Bank.
Feb 22, 2018, 19:33 PM IST
Come up with workable plan to repay dues: Punjab National Bank responds to Nirav Modi's letter
In his letter to PNB, Nirav Modi said that the over-zealousness on the part of the bank to deal with the issue destroyed his jewellery brand and also jeopardised his ability to clear the dues.
Feb 22, 2018, 17:58 PM IST
PNB fraud favouring Nirav Modi started in 2008, arrested bank officials tell CBI
The illicit activities resulting in fraud of Rs 11,300 crore occurred under the nose of top Punjab National Bank officials but they claimed to be unaware of the scam.
Feb 22, 2018, 15:10 PM IST
PNB fraud: National Financial Reporting Authority to be notified soon
Creation of National Financial Reporting Authority (NFRA) was proposed in Companies Act 2013, but the body never came into existence.
Feb 22, 2018, 14:03 PM IST
Let us give Nirav Modi and Mehul Choksi companies to their employees, make them cooperatives
Let’s learn from Amul. It is a romantic idea for a corporate rescue but one that may deserve attention.
Feb 22, 2018, 13:44 PM IST
PNB fraud: ED seizes 9 luxury cars of Nirav Modi; freezes shares and mutual funds worth Rs 94 crore
ED froze mutual funds and shares worth Rs 7.80 crore belonging to Nirav Modi and MF and shares worth Rs 86.72 crore belonging to Mehul Choksi Group.
Feb 22, 2018, 10:34 AM IST
PNB fraud: CBI seals luxury farmhouse of jeweller Nirav Modi in Mumbai's Alibaug
The CBI on Wednesday sealed a luxury property of billionaire Nirav Modi in Alibaug area near Mumbai.
Feb 21, 2018, 21:56 PM IST
Look for new jobs: Billionaire jewellers Nirav Modi and Mehul Choksi to their employees
Nirav Modi and Mehul Choksi are being investigated by multiple probe agencies after it recently came to light that they allegedly cheated Punjab National Bank to the tune of Rs 11,400 crore.
Feb 21, 2018, 18:17 PM IST
Speak about Nirav Modi in Mann ki Baat: Rahul Gandhi trolls PM Modi
Rahul Gandhi has been attacking PM Modi over PNB bank fraud and the Rafale deal.
Feb 21, 2018, 16:00 PM IST
