Bigul

EGM Held On 16.03.2018

Intimation of EGM held on 16.03.2018
16-03-2018

PNB fraud: CBI files a fresh FIR against Gokulnath Shetty, bank official

CBI also named Chandri Papers and its directors, Aditya Rasiwasia and Ishwardas Agarwal, for colluding with Gokulnath Shetty and Manoj Kharat in the PNB fraud
16-03-2018
Bigul

Clarification sought from Punjab National Bank

The Exchange has sought clarification from Punjab National Bank with respect to news article appearing in www.moneycontrol.com - March 15, 2018 titled "Another scam unearthed at PNB as CBI detects fresh fraud worth Rs 9 crore".The reply is awaited.
15-03-2018
Bigul

PNB scam: 9.1 crore fraud exposed, officials arrested

The new alleged fraud of around 91 million rupees, involves officials of a little-known company called Chandri Paper and Allied Products Pvt Ltd
15-03-2018
Bigul

PNB's Brady House branch opened LoUs for free: CBI

PNB's Brady House branch opened LoUs for free: CBIA former banker at a state-run lender said a bank could normally earn around 1-1.5% commission for opening an LoU with a one-year maturity.
13-03-2018
Bigul

Clarification sought from Punjab National Bank

The Exchange has sought clarification from Punjab National Bank with respect to news Flash appearing on CNBC TV18 - March 13, 2018 titled "CBI to Special Court: Fraud amount by Gitanjali group companies increases by Rs.942.18 crs; Total amount of fraud in PNB case now stands at over Rs.13,600 crs; CBI also adds Section 409(IPC), Criminal breach of trust in FIR". The reply is awaited.
13-03-2018
Bigul

Rajya Sabha adjourned as Oppsition insists on discussion under voting rule

The Rajya Sabha was adjourned today till 2 PM as opposition MPs tried to raise issues including the Rs 12,700-crore fraud in Punjab National Bank, with the TMC and other parties insisting that a
13-03-2018

PNB fraud: Overreaction may cause huge loss of confidence, says Assocham

Assocham cautioned that overreaction by banks and the investigative agencies, in the backdrop of the PNB fraud, could hurt essential credit disbursement to the trade and industry
11-03-2018
Bigul

ICAI awaits information from PNB on Rs 12,700 crore scam

In the wake of the scam, the biggest in the country's banking sector, the ICAI had set up a high powered group to study the issues in PNB matter and suggest remedial measures.
09-03-2018
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