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PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication- Loss of Share Certificate
09-12-2022

Over Rs 12 crore swindled from Kozhikode Corporation accounts in PNB

Over Rs 12 crore have been swindled from several accounts of the Kozhikode Corporation in a Punjab National Bank here and the prime accused -- a former senior manager of the bank -- is still at large. The fraud came to light last month when the Corporation found huge sums of money missing from its various accounts in the PNB branch, an officer of Crime Branch wing of the police said. An FIR was immediately lodged and in view of the amount involved, of Rs 12.68 crore, the probe was transferred to the Crime Branch, the officer said. Initially, the Corporation believed that the swindled amount was over Rs 15 crore, but subsequently, its audits revealed that Rs 12.68 crore was missing from its accounts in the bank. Besides the Corporation, around Rs 18 lakh was also stolen, allegedly by the former bank manager, from the account of a private individual, the officer said. He said that their investigation has revealed that most of the money -- around Rs 10 crore -- was invested in the s
07-12-2022

PNB hits fresh 52-week high: Vaishali Parekh gives' buy' tag to the banking stock

Based on technical view, Prabhudas Lilladher's Vaishali Parekh suggests buying PNB shares as a decisive breach above 57 level would anticipate further upside
06-12-2022
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