The 123-year-old Punjab National Bank has lost more than half its market value since the fraud came to light in late January
PNB scam updates: Gitanjali Gems to shut down completely; employees protest after being asked to leave
Nirav Modi has said PNB's ”overzealousness” shut the doors on his ability to clear the dues. He also said the dues were much less than what the bank has claimed.
PNB scam: I-T notice to Abhishek Singhvi over unaccounted pay of Rs 4.5 crore; Nirav Modi's Alibaug bungalow searched
PNB scam took a new turn when Congress leader Abhishek Manu Singhvi's received a notice from the Income Tax dept over unaccounted payment of Rs 4.5 crores.
The question that the CBI and ED sleuths are asking Nirav Modi's associates and PNB repeatedly over the course of interrogation is: Where is the Rs 11,360 crore?
Punjab National Bank fraud updates: CBI questions 17 officials, ED seizes assets worth Rs 5,716 crores
The CBI virtually took control of the entire campus of Punjab National Bank's Brady Road branch in Mumbai, which is at the centre of a clossal banking fraud involving billionaire jewellers Nirav Modi and Mehul Choksi, and started an intensive search operation, officials said on Monday
Nirav Modi left India on 1 January, say agencies; Punjab National Bank detected the fraud on 3 January, says CEO Sunil Mehta
The PNB chief also said that his bank will never back any wrongdoing and it was PNB that has exposed the scam
Punjab National Bank Rs 11,000-cr fraud: Why banks urgently need to adopt blockchain technology to avoid such scams
Blockchain technology is now finding acceptance right across the financial world as well as in the world of record keeping.
PNB Rs 11,000-cr fraud: CBI gets 2 complaints against Nirav Modi, shares tank 18% in two days; investors lose Rs 7,000 cr
The CBI has received two complaints from PNB against billionaire jewellery designer Nirav Modi and a jewellery company about fraudulent transactions worth Rs 10,000 crore, official sources said on Wednesday