Page 19 - Nirav Modi Scam At Pnb

Allegations of frauds dent India Inc's ability to win investor confidence

Government bonds have suffered their worst sell-off in almost two decades, and the rupee and stocks have been under pressure

Nirav Modi refuses to join CBI investigations in PNB scam case: Officials

The CBI today directed him to contact the embassy of India in a country where he is staying so that his travel to India can be arranged

Use blockchain technology to prevent PNB like scam: Foreign data expert

Blockchain technology allows entrepreneurs to incorporate their businesses on a digital distributed ledger, removing intermediaries in traditional processes

PNB stock cracks 6% to hit 20-month low after Firestar files for bankruptcy

Nirav Modi's international jewellery business Firestar Diamond filed a bankruptcy plea in the US

PNB scam throws long shadow on diamond industry in Surat, deals drop 10%

Deals down 8-10% since Nirav-Choksi scam broke

Nirav Modi's Firestar Diamond files for bankruptcy as PNB fraud hits $2 bn

Firestar Diamond Inc blamed liquidity and supply chain challenges and listed up to $100 million in assets and debt

Check NPAs above Rs 500 mn for possible fraud, alert CBI: Govt tells banks

Lenders told to plug operational, technological loopholes in 15 days

After unearthing mega fraud, PNB appoints group Chief Risk Officer

According to PNB, Modi, Choksi and their associates worked with rogue PNB employees

PNB scam: How do you make regulators accountable?

It is time the concept of independent evaluation offices for different regulators

PNB scam may push up pricing for trade loans as rates rise as much as 0.5%

Signs that trade credit is getting tougher for smaller firms have hurt the rupee, which is among Asia's worst performers this month

PNB scam: Bank ignored warnings from Gitanjali Gems auditor in March 2017

Auditor warned Gitanjali defaulted to other banks too

Will form social enterprise to bid for Nirav's Rhythm House: Anand Mahindra

The Rhythm House is one of the 21 properties of Nirav Modi worth Rs 5.24 bililon seized by the law enforcing agencies so far

PNB tumbles over 12%, PSU bank index sheds 3.5%

Investors started dumping PNB shares ever since the bank disclosed a $2-billion fraud in its system

CBI questions PNB's ex-MD, ICICI official; ED files NBW for Nirav Modi

ICICI Bank was the lead lender to at least three entities belonging to Mehul Choksi's Gitanjali group

Shift from 'maun Modi to bol Modi': Congress tells PM on PNB scam

This means that the total scam has gone up to USD 2 billion, according to the documents released by Punjab National Bank, Surjewala said

CBI questions PNB ex-MD Usha Ananthasubramanian, ICICI's ED over Nirav case

On Monday, the CBI questioned three statutory auditors and two General Managers of PNB

How state-owned banks function: An explainer of PNB financial fraud

There are no clear regulations and guidelines on how much collateral should be guaranteed as against a loan

PNB fraud: Gems & jewellery industry bad loans may rise to 30%, says CARE

Over 7,000 job losses feared, with about 2,800 heads rolling at Gitanjali and Fire Star alone

PNB scam: Fraud by Nirav Modi, Choksi widens to $2 bn; top 10 developments

ED has obtained the court's nod to issue six Letters Rogatory, or judicial requests for obtaining information from overseas locations, pertaining to its probe into the alleged Nirav Modi scam at PNB

PNB fraud: FinMin sets 15-day deadline for banks to fix operational gaps

Punjab National Bank disclosed a $2 billion fraud, stunning the country and putting the lack of supervisory oversight