Page 30 - Nirav Modi Scam At Pnb

PNB fraud: Speak up, don't act like the guilty, Rahul Gandhi tells PM Modi

Rahul Gandhi further went on to claim that PM Modi has robbed the country

Rs 114-bn PNB scam: 200 shell firms, benami assets under ED, I-T scanner

It is suspected that the shell firms were being used by the accused to launder money and create "benami" assets

Nirav Modi scam at PNB: Other banks also involved, alleges Mamata Banerjee

She also demanded an investigation into those involved in effecting the transfers or removals

Nirav Modi scam: Crisil puts Punjab National Bank's ratings under watch

The agency has an AAA and AA ratings on the various debt instruments of the Delhi based public sector lender

'Fraudsters' were linked to the 'highest echelons' of NDA, alleges Congress

The total NPAs of all public and private banks were worth Rs 8.36 trillion as of September 2017

PNB scam: CBI scans balance sheets of 18 Mehul Choksi's Gitanjali branches

The official checked the records which did not show such Letters of Understanding to Nirav Modi or Choksi's company

PNB fraud case: Assocham appeals govt to reduce 50% stake in PSBs

He called upon the Reserve Bank of India to take a lead and engage with the industry in finding ways to do clean business in the entire financial sector

Sebi probing alleged nexus between Nirav Modi firms and stockbrokers

The banking regulator is conducting a supervisory assessment of Punjab National Bank, while all banks have beefed up their vigil on all clients linked to diamond and jewellery trade

PNB fraud: No guarantee of better governance, privatise PSBs says Assocham

PNB said it had detected the gigantic fraud in one of its Mumbai branches, putting the quantum of fraudulent transactions at $1,771.69 million

PNB scam: Special court remands all 3 accused to CBI custody till March 3

CBI said accused were not cooperating with investigation so custody required 'to recover important missing documents'

Banks relied on India Ratings' A- outlook to lend to this Nirav Modi firm

This, despite Firestar International suffering from a high-leverage, off-balance-sheet exposure

PNB fraud: Whistleblower Hari Prasad deleted LinkedIn profile

Prasad's letter to the PMO was made public by the Congress

Accused ex-PNB deputy manager Gokulnath Shetty took only one promotion ever

A native Kannada speaker, Shetty grew up in Mangalore, but came to Mumbai for studies

Rahul Gandhi asks why PM Modi, Arun Jaitley are silent on PNB scam

Congress leader Singhvi issued statement claiming that his family company has no connections with Nirav Modi's firms, except that of renting them some property

PNB fraud: Privatise more PSBs, toughen rules, says Arvind Subramanian

CEA offers three compelling arguments in his case for privatisation of govt-owned banks

Banks may take a hit of at least Rs 176 bn from PNB scam: I-T Dept

But the total hit to Indian banks 'may well exceed' that amount, the I-T department said in its note

PNB scam: Bankers huddle to reconcile LoU claims and decide on liabilities

PNB put value of outstanding claims in fraud involving billionaire jeweller Nirav Modi at over Rs 110 bn

PNB's FY17 fund-based exposure to jewellery sector at 0.6% of loan book

Bank of India, SBI, Canara Bank and IDBI Bank are among those that highest fund-based exposure to the sector as a percentage of total loan book among the other PSU banks

PNB officials met representatives of Nirav Modi, Gitanjali for dues payment

The branch officials requested the firms to furnish at least 100% cash margin for issuing LoU for raising buyer's credit

PNB scam: Special court remands all three accused to CBI custody till Mar 3

CBI arrested Gokulnath Shetty, then deputy manager of PNB; Manoj Kharat, a single window operator of PNB, and Hemant Bhat, authorised signatory of the Nirav Modi group of firms