Usha Ananthasubramanian

PNB scam fallout: Former Allahabad Bank CMD Usha Ananthasubramanian could be sacked today, says report

Former Allahabad Bank boss Usha Ananthasubramanian has been named in the Central Bureau of Investigation chargesheet in the Punjab National Bank (PNB) fraud case.

Nirav Modi fraud: PNB, Allahabad Bank boards may decide on further action against executive directors, MD

PNB Board is scheduled to meet next month to decide about the future course of action against its two executive directors KV Brahmaji Rao and Sanjiv Sharan

PNB fraud: CBI asks Interpol to issue red corner notice against jeweller Nirav Modi's brother Nishal, another

CBI asks Interpol to issue a RCN against Nirav Modi's brother Nishal and executive Subhash Parab in connection with its probe into the Rs 13,500 crore PNB fraud.

Exclusive: Unravelling billionaire fugitive Nirav Modi's tightly woven round-tripping cobweb

The CBI charge sheet reviewed by Firstpost gave cursory details of Modi’s modus operandi, however, the investigators said they have penetrated Modi’s cobweb.

CBI chargesheet in PNB fraud: Usha Ananthasubramanian may have facilitated the continuance of scam, but how did it begin in the first place?

The problem is that the PNB case is seen in isolation even now by investigators.

PNB scam: CBI says former MD, two directors did not take 'any meaningful corrective measures' on RBI notices

In 2016, after separate incidents of misuse of the SWIFT system elsewhere, the RBI had repeatedly cautioned all banks, including PNB, and had sought details from the banks on their compliance with required cyber security controls.

PNB scam: CBI files charge sheet against Mehul Choksi, Allahabad Bank CEO and 13 others in $2 bn scam case

The charge sheet pertains to a second FIR related to alleged crimes of Choksi and his companies in the series of three such cases registered by the CBI in the over USD 2 billion scam case in which jewellers nephew Nirav Modi is also an accused, they said.

Why state-run Punjab National Bank, the big bad boy among Indian lenders, needs better parenting

The government, the Reserve Bank of India (RBI) and various managements have, over time, failed to guide the Punjab National Bank.

Bank frauds and wilful default: Gunning for ‘innocent’ managers is inevitable, but witch-hunting must be avoided

A bank manager's job comes with the risk of his/her integrity being questioned in case of an anomaly

Fraud-hit PNB posts biggest ever quarterly loss of Rs 13,417 cr in Q4; gross NPAs up 18.38%

Scam hit Punjab National Bank (PNB) on Tuesday posted largest ever quarterly loss of Rs 13,416.91 crore for January-March period, mainly on account of high provisioning for bad loans.