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Letters Of Undertakings

Recent Highlights

Punjab National Bank could be labelled defaulter if it doesn't pay Union Bank Rs 1,000 crore by 31 March

Punjab National Bank could be labelled defaulter if it doesn't pay Union Bank Rs 1,000 crore by 31 March

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PNB fraud: CBI questions 11 bank officials, Nirav Modi's staffer Vipul Ambani; asks banks to report irregularities in LoUs

PNB fraud: CBI questions 11 bank officials, Nirav Modi's staffer Vipul Ambani; asks banks to report irregularities in LoUs

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All you need to know about LoUs, SWIFT code and why bank unions smell bigger fish behind PNB scam

All you need to know about LoUs, SWIFT code and why bank unions smell bigger fish behind PNB scam

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Punjab National Bank fraud: Nirav Modi case expands to around Rs 3,000 crore and 17 banks

Punjab National Bank fraud: Nirav Modi case expands to around Rs 3,000 crore and 17 banks

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All Stories for Letters Of Undertakings

All (6)
  • PNB Rs 11,400 cr scam: Reserve Bank of India, Sebi to seek help from Hong Kong regulators

    PNB Rs 11,400 cr scam: Reserve Bank of India, Sebi to seek help from Hong Kong regulators

    • .

    While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on LoUs issued by PNB.

  • CBI books diamond merchant Nirav Modi, brother and wife in Rs 280-crore cheating case

    CBI books diamond merchant Nirav Modi, brother and wife in Rs 280-crore cheating case

    • .

    The CBI has booked billionaire diamond merchant Nirav Modi, his brother and wife and a business partner for allegedly cheating Punjab National Bank of over Rs 280.70 crore crore during 2017, officials said.

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