No instruction to PNB to meet commitments under LoU: RBI
Mumbai : The Reserve Bank of India (RBI) on Friday denied having sent any instruction to Punjab National Bank (PNB),...
Business
PNB fraud: Allahabad Bank has $366.87 mn outstanding exposure
Kolkata : State-run Allahabad Bank on Friday said it has an outstanding exposure of about $366.87 million in the $1.8...
SBI has no direct exposure to jeweller Nirav Modi: Chairman
Kochi : The State Bank of India does not have any direct exposure to high profile fraud-accused jeweller Nirav Modi,...
PNB incident shows vulnerability of Indian banking system: Assocham
New Delhi : The industry body Assocham on Friday criticised the functioning of public sector banks and questioned its "vulnerable"...
‘Nil’ exposure to entities involved in jewellery sector fraud: Yes Bank
Mumbai : Following the recent developments in the Indian banking sector, the private sector Yes Bank on Friday said it...
PNB stocks continue to slump, Gitanjali Gems plunges 20%
Mumbai : Extending losses for the third consecutive day, PNB's shares slipped almost five per cent during the mid-afternoon trade...
PNB fraud case: Union Bank has $300 mn outstanding exposure
Mumbai : State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million...
RBI ready to inject additional liquidity
Chennai : The Reserve Bank of India (RBI) on Thursday said it is ready to inject additional liquidity to address...
Foreign branches of other Indian banks may be involved in Nirav fraud: PNB
Mumbai : The Punjab National Bank (PNB) has charged that foreign branches of other Indian banks may also be involved...
We will not spare anyone found guilty in $1.8 bn fraud case: PNB Chief
New Delhi : A day after high-level fraudulent practice to the tune of $1.8 billion in one of the Punjab...
