Page 823 - Finance News

PNB fraud: Global accounting firms under lens

The court said the Centre could consider steps for effective enforcement of the provisions of the Foreign Direct Investment (FDI) policy

Gitanjali Gems was a partner for Vibrant Gujarat Summit 2017: Congress

Congress accuses Gujarat police of inaction when Nirav Modi and Choksi duped people of Rs 50 billion

Rs 114-bn scam: PNB says will not appoint PwC India as forensic auditor

The second largest public sector bank found itself in a fix after PwC emerged lowest bidder for the audit

Scam-hit PNB can sell 13% in PNB Housing Finance by Nov 2019

PNB Housing Finance was promoted by PNB

Banks need to revisit surveillance system to plug loopholes: Ex-PNB chief

The fraud allegedly started in 2011 at PNB

Find people responsible for leaking earnings on WhatsApp: Sebi to HDFC Bank

Sebi said inadequate controls at HDFC Bank are the prima facie reason for leakage of financial results

Didn't consider PwC for forensic audit post fraud due to Sebi order: PNB

The bank also denied reports that details of debit and credit cards of its thousands of customers have been leaked

Govt is taking strong action against financial irregularities: PM Modi

"System will not tolerate loot of public money," PM Modi

Virat Kohli still our brand ambassador; haven't engaged PwC for probe: PNB

No restrictions on the withdrawals have been imposed by the bank, said PNB

Rs 114 bn PNB scam: ICAI begins probe to know whether any CA was involved

It has asked the Securities and Exchange Board of India, PNB and federal investigating agencies to share their findings of the alleged fraud

PNB scam: ED summons Nirav Modi again, seizes watches; top 10 developments

PNB has roped in PwC to conduct a probe into the alleged fraud that would help the bank build a case against jewellers Nirav Modi and Mehul Choksi

RBI asks banks to integrate SWIFT in core banking system by April end

IBA Chairman said each bank will have to review their control systems and technology separately, as their problems and loopholes may differ

PNB fraud: ED freezes deposits, shares worth Rs 440 mn of Nirav Modi Group

Officials said they have put freeze orders on bank accounts containing Rs 300 million and shares worth Rs 138.6 million of the group under the Prevention of Money Laundering Act

Rs 114-bn PNB scam: Meet Y H Malegam, the man for every season at RBI

A chartered account, Malegam sits in an office at Ballard Estate at Fort area of Mumbai

PNB, others argue over RBI rules on credit facilities for import of pearls

PNB categorised pearls as semi-precious and precious stones in presenting its argument

Rs 114-bn PNB scam: Spotlight back on hawala trade in diamond industry

India imported polished diamonds worth $1.88 billion in the first 10 months this year

Scam-hit PNB says it has transferred 1,415 employees since Feb 19

Out of them, 257 are sub-staff, 437 are clerks and 721 employees are officers

PNB scam: I-T dept issues notices against 26 people; ED seizes assets

ED has also seized nine luxury cars belonging to Nirav Modi and his companies

PNB fraud: ED asks Sebi to freeze Mehul Choksi's Gitanjali shares

Enforcement agencies ask Sebi to direct depositories

Rs 114-bn fraud: Submit concrete plan to pay dues, PNB tells Nirav Modi

Lender responds days after accused billionaire wrote to banks