Pnb Shares
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Nifty reclaims 10,600 mark, Sensex extends rally; Simbhaoli Sugars jump 16%, PNB hits 52-week low
•BSE Sensex advanced by 132.64 points, or 0.38 percent, to 34,578.39 in early, gaining over 132 points to 34,578.39 in early trade today
Sensex near 34,000 in early trade, up 107 points; PNB bounces back after recent slump
•Stocks of Punjab National Bank which had been under selling pressure since the massive fraud detection, however, edged 1.05 percent higher.
Punjab National Bank shares tank over 7%, market cap drops Rs 10,781 cr in 4 days
•Shares of Punjab National Bank (PNB) tumbled over 7 percent on Monday, extending the fall for a fourth straight session following the Rs 11,400-crore fraud at one its Mumbai branches.
Nirav Modi left India on 1 January, say agencies; Punjab National Bank detected the fraud on 3 January, says CEO Sunil Mehta
Fp Staff •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
Smurlidharan •Blockchain technology is now finding acceptance right across the financial world as well as in the world of record keeping.
Punjab National Bank reports over Rs 11,000-cr fraudulent transactions; bank withholds names involved
•PNB says it had reported deals to law enforcement agencies and would evaluate later whether it faces any liability arising out of it