Bank frauds detection and reporting increased due to Govt’s proactive measures - Finmin As per Finance Ministry due to Government’s…
107 companies and 7 LLPs under SFIO scanner in PNB fraud case The Government has ordered investigation into the affairs…
There is complete removal/weak RBI powers on corporate governance at PSBs. No Banking Regulator Can Catch or Prevent All Frauds-RBI Governor…
RBI Discontinues Letters of Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits with immediate effect. …
PNB Scam quantum can increase by Rs. 1300 more The Punjab National Bank has reported to the Stock Exchanges that the quantum…
We followed law-PNB response on media report quoting Nirav Modi that Bank closed all option to recover dues by going public.…
Expert Committee to look into role of various audits conducted in banks to check divergence in asset classification, provisioning and frauds Reserve…
Bank has enough assets to meet any liability decided as per law-PNB Punjab National Bank (PNB) in its latest communication…
Govt. denies news that Income Tax Department has estimated more than $3 billion loss to Indian Banks due to PNB…
PNB denies receiving Govt. instructions for conducting forensic audit. Punjab National Bank (PNB) in its latest communication to Bombay Stock…