Punjab National Bank
Business  /  Published 24.06.21

Nirav Modi loses first round

Nirav Modi has lost the first stage of his extradition appeal in a London court just over two months after the wanted diamond merchant’s extradition to India was ordered by UK home secretary Pri...
By PTI in London

Business  /  Published 18.06.21

Dominica jail for Mehul Choksi

A magistrate court in Dominica on Thursday sent businessman Mehul Choksi to a state prison, his lawyer in India said, but added that he would continue to remain in hospital as his medical co...
By PTI in New Delhi

Business  /  Published 06.06.21

PNB ticks off sticky assets for bad bank

Punjab National Bank (PNB) on Saturday said it has identified bad loans worth Rs 8,000 crore that it would transfer to the National Asset Reconstruction Company (NARCL), which is likely to be operatio...
By Our Special Correspondent in New Delhi

Business  /  Published 05.06.21

PNB posts Rs 586 cr net profit

Bank of India managing director and CEO A.K. Das said the interest margins of banks are unlikely to be as robust as before because of the shift to repo-based lending rates and transmission of lower in...
By Our Bureau in New Delhi

India  /  Published 05.06.21

Case on pause, team returns

India that had flown to Dominica to bring back Mehul Choksi, the diamantaire wanted in the Rs 13,500-crore Punjab National Bank scam, is headed back home on a Qatar Airways private jet after the islan...
By PTI in New Delhi


India  /  Published 26.05.21

Fugitive Mehul Choksi vanishes

By Our Bureau in Mumbai

Business  /  Published 16.05.21

PNB raises Rs 1,800cr via QIP

State-owned Punjab National Bank on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors such as LIC and Societe Generale. Eligible qualifie...
By PTI in New Delhi

India  /  Published 13.05.21

Nirav Modi served show cause notice

A special court here has issued a public notice to fugitive diamond merchant Nirav Modi, wanted in India for alleged fraud and money laundering in the PNB scam case, asking why his properties should n...
By Our Bureau, Agencies in New Delhi

Business  /  Published 12.05.21

Anchor investor sells stake in Yes Bank

An anchor investor in Yes Bank has sold a part of its equity stake in the bank. Bay Tree India Holdings has sold a little over 2 per cent stake in Yes Bank in open market transactions, trimming its s...
By Our Special Correspondent in Mumbai

Business  /  Published 10.05.21

Nirav bid to stop return

Fugitive diamond merchant Nirav Modi, whose extradition to India was ordered last month by UK home secretary Priti Patel in the estimated $2-billion Punjab National Bank (PNB) scam case, has filed an ...
By PTI in London


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