Punjab National Bank Fraud

PNB fraud: Mumbai court issues non-bailable warrants against Gitanjali Gems boss Mehul Choksi, five others

Jeweller Mehul Choksi's firms allegedly inflated the value of low quality goods exported from India

Punjab National Bank fraud: Enforcement Directorate files chargesheet against Mehul Choksi, 13 other entities

Along with Mehul Choksi, eight individuals and five companies have been charged under Section 4 of the Prevention of Money Laundering Act (PMLA)

PNB fraud: Hackers access e-mails of CBI Joint Director Rajiv Singh who oversaw Nirav Modi probe, says report

Rajiv Singh's computer has reportedly been seized and the state cyber-crime unit is probing the matter

Punjab National Bank fraud: CBI officer probing Nirav Modi case prematurely repatriated to Tripura cadre

CBI Joint Director Rajiv Singh, who is overseeing a probe into PNB scam has been prematurely repatriated to his home cadre of Tripura

Punjab National Bank logs further spike in wilful defaults by big borrowers; pegs pain at Rs 15,199 crore by April-end

State-run Punjab National Bank (PNB) saw wilful defaults by big borrowers growing further to Rs 15,199.57 crore in April this year over the previous month

PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet

ED has issued summons to absconding Nirav Modi's father Deepak Modi, sister Purvi Mehta and her husband Mayank Mehta as part of its probe in PNB fraud

PNB fraud: US court calls for probe of troubled lender's employees before deciding on bankruptcy proceedings

A US court has called for an investigation into the role of PNB employees in the alleged fraud involving diamantaire Nirav Modi and his companies.

RBI says over 23,000 cases of bank frauds involving whopping Rs 1 lakh crore reported in last five years

Over 23,000 cases of fraud involving a whopping Rs 1 lakh crore have been reported in the past five years in various banks, according to RBI

PNB fraud fallout: Lender tightens internal audit controls; separates loan appraisal and monitoring teams

PNB said that it has strengthened internal audit controls by having separate pre-sanction appraisal and post sanction monitoring teams for credit disbursal

PNB scam: Income Tax Department asks tax havens to furnish account details of fraudster Nirav Modi

I-T department is reportedly set to launch legal action against Nirav Modi, who is wanted in connection with PNB fraud, under Black Money Act