Gitanjali Gems plunge 10%, PNB stocks trade 8% lower
Mumbai : Shares of Gitanjali Gems extended losses for the fourth consecutive session on Monday -- plunging almost 10 per...
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Keep out PNB top management till fraud probe is completed: AIBEA
Chennai : The Central government should remove the top management of the $1.8 billion fraud-hit Punjab National Bank (PNB) till...
PNB fraud: UCO Bank says has $411.82 mn outstanding exposure
Kolkata : State-run UCO Bank on Saturday said it has an outstanding exposure of about $411.82 million in the $1.8...
Consumers against extra GST on discounted MRP by e-commerce sites: Poll
New Delhi : A majority of consumers surveyed for a poll have raised concerns over addition of GST on discounted...
Increased private participation needed in banking: Arvind Subramaniam
Chennai : With the second largest Indian bank Punjab National Bank (PNB) hit by massive $1.8 billion fraud and other...
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),...
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...
