We followed law-PNB response on media report quoting Nirav Modi that Bank closed all option to recover dues by going public. Punjab National Bank in its clarification submitted to BSE and NSE has stated that it has followed lawful avenues available as per law of land to recover its dues.
Bank has enough assets to meet any liability decided as per law-PNB Punjab National Bank (PNB) in its latest communication to Bombay Stock Exchange (BSE) has provided the following clarifications with reference to various queries raised by BSE and NSE based on the media report. Sl. No. Query Response 1.
Govt. denies news that Income Tax Department has estimated more than $3 billion loss to Indian Banks due to PNB fraud Finance Ministry has denied the news appearing in certain section of media that Tax Department has estimated that Indian banks could take a hit of more than $3
PNB denies receiving Govt. instructions for conducting forensic audit. Punjab National Bank (PNB) in its latest communication to Bombay Stock Exchange (BSE) has informed that the bank has not received any instruction from any investigating/Govt. authority for conducting forensic audit. This reply was made in with reference to the
NSDL Fake Calls-Collection for PAN application processing or asking bank or credit-debit card details from the applicants over phone or e-mail-warning CAUTION NOTICE This Caution Notice is issued to inform that NSDL e-Gov does not make any calls for recovery / collection of amounts for issuance of PAN/processing PAN
Recently, Whatsapp users are receiving a viral message informing them they now it is possible to use WhatsApp without internet, and that the company is launching a new “Utlta-Light Wifi feature”. The message encourages users to click on the link provided in the message. Sample of the message is as