Page 23 - Nirav Modi Scam At Pnb

PNB fraud: Priyanka Chopra terminates contract with Nirav Modi's brand

Termination news comes in the wake of after other actresses accused Gitanjali Group of breaching the contracts with them and not paying their dues

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 about 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

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 scam: Meet Firestar's Vipul Ambani, simple CFO in a complex setting

The self-described entrepreneur had surprised all by joining Nirav Modi four years ago

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

Intolerance for misconduct: Many PSBs have failed to develop this culture

Most bankers are often unhappy if they are transferred to the vigilance department

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

Lender responds days after accused billionaire wrote to banks

Rs 114-bn PNB scam: Gitanjali Gems shares tank over 58% in 7 days

On NSE, shares of the company lost 4.92 per cent to hit a low of Rs 26.05

Scam-hit Punjab National Bank stock goes down 2% as probe widens

Since February 12 till February 19, the stock had fallen almost 28 per cent

After PNB scam, Mehul Choksi defaulted on Rs 1.21 billion to J&K Bank

ED searched Gitanjali Gems showroom of Udhampur district of Jammu previous week and seized gold jewellery and diamonds worth Rs 25 million

Goldman cuts price targets for public sector banks

A $2 billion fraud at the bank that surfaced days after India's largest lender posted a surprise loss has led to sharp declines in the National Stock Exchange's gauge of state-run bank stocks

Exposure of $0.28 mn against one LoU issued by PNB to gems clients: BoB

Bank of Baroda has some direct exposure to the gems and jewellery sector customers under consortium arrangement

Data breach hits 10,000 PNB credit, debit card customers, says report

PNB's Chief Information Security Officer has confirmed it was working with the govt to contain the fallout from the release of the data

Sensex can dip to 30,000; PNB scam dents investors' confidence: Marc Faber

In the case of the recent fraud at PNB, it does not impact the economy, but it does impact the confidence in the country's financial system