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Bank Locker Charges: Check out locker charges at these leading government and private banks
Business

Bank Locker Charges: Check out locker charges at these leading government and private banks

Based on the size of the locker and the location of the branch, banks impose a charge for using such a service

PNB asks customers to update KYC by 12 December or their account may get closed; details here
Business

PNB asks customers to update KYC by 12 December or their account may get closed; details here

PNB has notified that failing to update KYC may cause the account's operations to be restricted. As part of the KYC principle, the RBI has given some guidelines about the depositors’ identification

PNB to launch online mega e-auction for properties today; here’s how to participate
Business

PNB to launch online mega e-auction for properties today; here’s how to participate

Banks often auction off any properties whose loans couldn't be fulfilled or have defaulted

These government banks are offering senior citizens higher interest rates on FDs than Post Office; check here
Business

These government banks are offering senior citizens higher interest rates on FDs than Post Office; check here

The interest rates promised are significantly greater than those provided by the Post Office. The 666-day fixed deposit plan offered by Canara Bank guarantees senior citizens a 7.5 percent return on their investment

PNB to revise cash withdrawal limit of ATM: Check updated limits here
Business

PNB to revise cash withdrawal limit of ATM: Check updated limits here

The POS limit for all the platinum variants of MasterCard, VISA Gold Debit Card, and Rupay will be revised

PNB Scam Case: UK court allows Nirav Modi's extradition to India
World

PNB Scam Case: UK court allows Nirav Modi's extradition to India

In its ruling on Wednesday, the London High Court ruled that the extradition of Nirav Modi to India will not be unjust. Nirav Modi is the prime accused in the PNB scam case

PNB customers can take instant loan of Rs 8 lakh; here's how
Business

PNB customers can take instant loan of Rs 8 lakh; here's how

The lender has stated that if you want a personal loan with low-interest rates, you can apply for its Insta Loan. You can visit the official website of PNB for more information

PNB offers 80 bps extra to these senior citizens on fixed deposits; know more here
Business

PNB offers 80 bps extra to these senior citizens on fixed deposits; know more here

If a super senior citizen prematurely withdraws a fixed deposit, then a penal interest will be levied

PNB to sell its entire stake in ARCIL; all you need to know
Business

PNB to sell its entire stake in ARCIL; all you need to know

Punjab National Bank is making this move to comply RBI guidelines

Punjab National Bank top management to get mobile handset allowance of Rs 2 lakh per year
Business

Punjab National Bank top management to get mobile handset allowance of Rs 2 lakh per year

As per the revised Staff Welfare Benefits norms, top management of the bank -- Managing Director and executive directors -- would be entitled for Rs 2 lakh for buying mobile handset, sources said

Punjab National Bank hit by scam again, classifies Rs 2,060 cr loan as fraud by Tamil Nadu company
India

Punjab National Bank hit by scam again, classifies Rs 2,060 cr loan as fraud by Tamil Nadu company

A fraud of Rs. 2060.14 crore is being reported by the bank to RBI in the accounts of IL&FS Tamil Nadu Power

RBI imposes penalty on PNB, ICICI Bank for deficiencies in regulatory compliance
Business

RBI imposes penalty on PNB, ICICI Bank for deficiencies in regulatory compliance

RBI said the Statutory Inspection for Supervisory Evaluation (ISE) of Punjab National Bank (PNB) was conducted by it with reference to its financial position as of 31 March, 2019

Old Oriental Bank and UBI cheque books to be discontinued from next month
India

Old Oriental Bank and UBI cheque books to be discontinued from next month

In the wake of PNB merging with OBC and UBI, customers with e-OBC and e-UNI cheque books will have to replace them with PNB cheque book with updated PNB IFSC and MICR

PNB scam case: ED attaches assets worth Rs 14.45 crore of Mehul Choksi, Gitanjali Group
India

PNB scam case: ED attaches assets worth Rs 14.45 crore of Mehul Choksi, Gitanjali Group

Choksi, 61, is one of the prime accused in the alleged over $2 billion Punjab National Bank fraud case. He has fled India and is stated by probe agencies to be based in Antigua and Barbuda.

PNB Recruitment 2021: Application for 100 Manager Security vacancies begin at pnbindia.in
India

PNB Recruitment 2021: Application for 100 Manager Security vacancies begin at pnbindia.in

The last date for candidates to apply for Manager Security posts at the Punjab National Bank is 13 February

Delhi HC dismisses Mehul Choksi's plea for pre-screening of Netflix docuseries Bad Boy Billionaires
Entertainment

Delhi HC dismisses Mehul Choksi's plea for pre-screening of Netflix docuseries Bad Boy Billionaires

The judge declined to grant relief to Mehul Choksi, saying a writ petition for enforcement of a private right cannot be maintainable.

PNB says over 1,700 wilful defaulters owe bank Rs 37,020 cr; Mehul Choksi's companies top of the list
India

PNB says over 1,700 wilful defaulters owe bank Rs 37,020 cr; Mehul Choksi's companies top of the list

Mehul Choksi-promoted Gitanjali Gems Ltd has an outstanding loan of Rs 5,064.84 crore. Gili India and Nakshatra Brands, also part of the Gitanjali Group, owed Rs 1,447 crore and Rs 1,109 crore each to PNB

PNB scam: Fugitive diamond merchant Nirav Modi's extradition case in UK adjourned until September
Business

PNB scam: Fugitive diamond merchant Nirav Modi's extradition case in UK adjourned until September

The UK court hearing the extradition case of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering amounting to an estimated $2 billion, on Thursday adjourned the trial to be resumed from 7 September

UK court played video of Nirav Modi's threats to 'dummy directors' associated with companies linked to diamond merchant
Business

UK court played video of Nirav Modi's threats to 'dummy directors' associated with companies linked to diamond merchant

Threats of being implicated for theft and even being killed are among the allegations caught on camera in a video recorded by so-called "dummy directors" associated with companies linked to Nirav Modi, which was submitted by the CBI to the UK court hearing the extradition case against the diamond merchant charged with fraud and money laundering

PNB scam: Indian govt submits more proof against fugitive Nirav Modi in money laundering case
Business

PNB scam: Indian govt submits more proof against fugitive Nirav Modi in money laundering case

The Indian government on Wednesday submitted further documents as "corroboratory evidence" in its case of fraud and money laundering against fugitive diamond merchant Nirav Modi, who is contesting his extradition to India at an ongoing hearing in Westminster Magistrates' Court in London