Pnb Fraudcase

Union Bank of India sues fugitive jeweller Nirav Modi in Hong Kong court over fraud, says report

Nirav Modi, 47, has been on the run since February after Indian authorities launched an investigation into his alleged involvement in a Rs 13,600 crore (US$1.8 billion) scam against the Punjab National Bank (PNB), the country's second-largest state-run lender.

Vijay Mallya case: London Court’s ruling in favour of Indian banks sends strong signal to global crooks

Vijay Mallya thought he would be comfortably ensconced in his London outskirt home thumbing his nose at the clutch of Indian banks nursing unrecovered loans of close to Rs 10,000 crore together with interest.