Recent Highlights
All Stories for Banking Scam
Punjab National Bank and Lal Bahadur Shastri: Former PM's widow used pension to repay Rs 5,000 car loan
Fp Staff • 7 years agoAs 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
Fp Staff • 7 years agoIn 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
Fp Staff • 7 years agoWith 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'
Ians • 7 years agoCongress 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
Debobrat Ghose • 7 years agoThe 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
• 7 years agoRahul 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
• 7 years agoThe 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
Fp Staff • 7 years agoIn 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
Fp Staff • 7 years agoThe 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
• 7 years agoCentral 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.