Banking Scam

Showing of 1 - 20 from 18 results
Banking Scam - Total results - 18
After CWC meet, Congress works to get alliance chemistry right at Jantar Mantar and bolster anti-BJP stand
Politics

After CWC meet, Congress works to get alliance chemistry right at Jantar Mantar and bolster anti-BJP stand

Congress president Rahul Gandhi made it clear at the CWC meet and thereafter at Jantar Mantar on Saturday that the party has begun its groundwork to counter the Narendra Modi behemoth

Finance minister Piyush Goyal vows to clean up a banking sector marred by scandals; can he?
Business

Finance minister Piyush Goyal vows to clean up a banking sector marred by scandals; can he?

Piyush Goyal, who was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers after undergoing a kidney transplant, met heads of public sector banks on Thursday

Banking scams: MUDRA, Kisan Credit Card loans next big worry for govt; PMO alerted about Bihar's Rs 500-cr fraud
India

Banking scams: MUDRA, Kisan Credit Card loans next big worry for govt; PMO alerted about Bihar's Rs 500-cr fraud

At least five government-owned banks in Bihar are likely to take a fiscal hit worth Rs 500 crore in the disbursement of the MUDRA sceme and Kisan Credit Cards

Punjab National Bank and Lal Bahadur Shastri: Former PM's widow used pension to repay Rs 5,000 car loan
India

Punjab National Bank and Lal Bahadur Shastri: Former PM's widow used pension to repay Rs 5,000 car loan

As the alleged fraud of Rs 11,400 crore grips Punjab National Bank, there is an anecdote involving former prime minister Lal Bahadur Shastri that might remind one of a different era.

PNB scam: RBI sets up expert panel in wake of increasing fraud cases in Indian banking system
Business

PNB scam: RBI sets up expert panel in wake of increasing fraud cases in Indian banking system

In the wake of the increase in reported incidents of frauds in the banking system, the Reserve Bank of India (RBI) has set up an expert panel to look into the reasons for high divergence in NPA classification and provisioning by banks.

Punjab National Bank fraud case: A timeline of how the Rs 11,400-crore scam involving Nirav Modi unfolded
India

Punjab National Bank fraud case: A timeline of how the Rs 11,400-crore scam involving Nirav Modi unfolded

With more skeletons coming out of Punjab National Bank closets, the story of the Rs 11,400 crore involving Nirav Modi and his partnership firms is far from over. Here's a round-up of what has happened so far

Rahul Gandhi slams Narendra Modi's silence on PNB scam, asks govt to stop behaving as if it's 'guilty'
Politics

Rahul Gandhi slams Narendra Modi's silence on PNB scam, asks govt to stop behaving as if it's 'guilty'

Congress President Rahul Gandhi on Sunday questioned Prime Minister Narendra Modi's and Finance Minister Arun Jaitley's silence over the "Rs 22,000 crore banking scam", and asked the government to stop behaving like it was "guilty".

PNB fraud: Congress pins hope on Rs 11,400 cr scam to corner Narendra Modi govt, seeks joint parliamentary probe
Politics

PNB fraud: Congress pins hope on Rs 11,400 cr scam to corner Narendra Modi govt, seeks joint parliamentary probe

The Rs 11,400 crore PNB scam is the biggest arsenal that Congress has got in its hand to attack the Narendra Modi government ahead of 2019 General Election to Lok Sabha

PNB fraud: Rahul Gandhi says Narendra Modi gives 1.5 hours to 'Pariksha pe Charcha' but has no time to talk on scam
Politics

PNB fraud: Rahul Gandhi says Narendra Modi gives 1.5 hours to 'Pariksha pe Charcha' but has no time to talk on scam

Rahul Gandhi on Saturday launched a scathing attack on Prime Minister Narendra Modi on the PNB scam allegedly involving Nirav Modi, asking him to explain why it happened and what was he doing about it.

Nirav Modi case 'a UPA scam' brought to light by BJP govt due to its alertness, says Prakash Javadekar
Politics

Nirav Modi case 'a UPA scam' brought to light by BJP govt due to its alertness, says Prakash Javadekar

The BJP dubbed the PNB fraud as a "UPA scam", claiming that a state-run bank was pressured to sanction loan to tainted businessman Nirav Modi in 2013 a day after Rahul Gandhi visited his jewellery exhibition.

Nirav Modi fraud case: RBI denies directing PNB over honouring LoU to other banks, says will take supervisory action
Business

Nirav Modi fraud case: RBI denies directing PNB over honouring LoU to other banks, says will take supervisory action

In the wake of Nirav Modi fraud case, the RBI has denied media reports that it had directed PNB to meet its commitments under the LoUs to other banks.

MEA says Nirav Modi and PM's Davos photo event was 'impromptu', jeweller not in touch with any ministry officials
India

MEA says Nirav Modi and PM's Davos photo event was 'impromptu', jeweller not in touch with any ministry officials

The Ministry of External Affairs (MEA) has clarified that jeweller Nirav Modi was not part of Prime Minister Narendra Modi's official delegation to Davos.

PNB fraud case: CBI, ED ask MEA to revoke Nirav Modi's passport; jewellery worth Rs 5,100 crore seized in raids
Business

PNB fraud case: CBI, ED ask MEA to revoke Nirav Modi's passport; jewellery worth Rs 5,100 crore seized in raids

Central investigation agencies on Thursday turned up the heat on embattled jewellery designer Nirav Modi in a huge bank fraud case, by seizing diamond and gold jewellery worth Rs 5,100 crore in nationwide searches.

Political blame game ensues over Nirav Modi fraud case; Congress dubs jeweller 'Chota Modi', BJP hits back
Photos

Political blame game ensues over Nirav Modi fraud case; Congress dubs jeweller 'Chota Modi', BJP hits back

The Congress targeted the NDA government over the Rs 11,400-crore scam allegedly involving jewellery designer Nirav Modi and accused it of doing nothing to stop "independent India's biggest bank fraud" despite being informed of it in July, 2016.

Partnership firms involved in Rs 11,400 cr PNB scam accidentally helped bank unearth fraud, reveals letter to CBI
Business

Partnership firms involved in Rs 11,400 cr PNB scam accidentally helped bank unearth fraud, reveals letter to CBI

Had it not been for the three partnership firms involved in the fraud, the Punjab National Bank may have never unearthed the Rs 11,400 crore scam

Punjab National Bank scam: Highlights of CBI's FIR against Nirav Modi; charges of criminal conspiracy, Rs 280-cr fraud
India

Punjab National Bank scam: Highlights of CBI's FIR against Nirav Modi; charges of criminal conspiracy, Rs 280-cr fraud

The ED case was registered after going through the CBI FIR. It is understood that the ED also went through the PNB complaint made out against Modi and others.

ED raids Nirav Modi's properties: Read FIR against billionaire jewellery designer filed by Punjab National Bank
India

ED raids Nirav Modi's properties: Read FIR against billionaire jewellery designer filed by Punjab National Bank

The Enforcement Directorate on Wednesday conducted multiple searches in connection with a Rs 280 crore money laundering case against Nirav Modi.