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Mehul Choksi arrest in Belgium:&nbsp;Reports suggest that his arrest was based on two non-bailable warrants issued by the Mumbai court, dated May 23, 2018 and June 15, 2021.

Fugitive diamond merchant Mehul Choksi arrested in PNB fraud case

The company's total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing.

&nbsp;

Punjab National Bank reports Rs 270.57 crore loan fraud by Gupta Power Infrastructure 

Leading exchanges BSE and NSE will suspend trading in shares of as many as nine firms, including banking fraud accused Mehul Choksi's Gitanjali Gems, from September 10.&nbsp;

PNB fraud-accused Mehul Choksi's Gitanjali Gems, 8 other firms can't trade in shares from September 9. Here's why

PNB fraud: Hong Kong regulator enhances supervision of lender's HK branch

Two jewellers, Nirav Modi and Mehul Choksi linked fraud of over Rs 14,000 crore has reflected in the earnings of Punjab National Bank in a very disappointing manner.&nbsp;

Will PNB see any ray of hope; analysts trim down ratings

PNB fraud case: The report, submitted to the Ministry of Corporate Affairs (MCA), focuses on how to deal with frauds and irregularities of a serious nature that have big financial implications.&nbsp;The ICAI, which works under the administrative control of the MCA, had constituted a high powered group in February to look into the PNB scam.&nbsp;Further action on the report will be taken by the government soon. “We are studying the report and will take action wherever it is necessary,” a highly placed source in the government told DNA Money.

This is why Rs 13,500cr PNB fraud case went undetected

The PNB scam has been accompanied by many other frauds, including the over Rs 3,600-crore Rotomac scam and others coming to light and cases being made by the national investigation agency Central Bureau of Investigation.

PNB fraud: World Bank plays down scam, says not a systemic problem 

PNB fraud: Supporting the calls from industry for privatising public sector banks (PSBs) in the wake of the PNB scam by accused diamantaire Nirav Modi and his uncle Mehul Choksi, Assocham said that some immediate steps should be taken for capacity building in PSBs.

PNB fraud: Overreaction to scam may hugely hurt credit flow, says Assocham

PNB fraud case crackdown: Big setback for large borrowers; here is what FinMin has done

PNB fraud: The Rs 12,636-crore fraud was allegedly perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi, the promoter of Gitanjali Gems.&nbsp;It is alleged that Choksi and Modi got Letters of Undertakings (LoUs) and Foreign Letters of Credit (FLCs) of Rs 12,636 crore issued in favour of foreign branches of Indian banks based on fraudulent claims.

PNB fraud case crackdown: Gitanjali Group's vice president detained by CBI

PNB fraud:&nbsp;CBI, which secured a 12-day remand of four accused arrested yesterday, explained the modus operandi involved in the alleged Rs 12,636-crore PNB fraud before the special CBI court.

&nbsp;

PNB fraud case fallout: Gitanjali Gems share price falls by this whopping amount to new low

The government, on its part, is seeking to counter the opposition's offensive by bringing the Fugitive Economic Offenders Bill.&nbsp;The legislation, once passed, will grant powers to the government to attach assets of persons declared fugitive. This will include benami assets too.&nbsp;

Budget session of Parliament: Opposition set to corner govt on bank scams

PNB fraud: Financial professionals accuse govt of diluting RBI power to select auditors for bank 

PNB fraud:&nbsp;The ED had earlier issued summonses to Modi and Choksi, both key accused in the scam cases, asking them to appear before the central agency.&nbsp;However, the two diamond traders, who are said to have left the country before criminal cases were registered, had failed to appear before the ED, prompting the agency to move the PMLA court for issuance of NBWs against them.

PNB fraud: Court issues non-bailable warrants against Nirav Modi, Mehul Choksi

CBI targets PNB Mumbai branch auditors in $2 billion fraud probe

PNB fraud: SBI chief Rajnish Kumar says PSBs must improve risk infrastructure

After PNB fraud  sparks outrage,  ICAI sends this tough message to CAs

PNB fraud: The Enforcement Directorate (ED) said that it has attached 41 properties, valued at over Rs 1,200 crore, in connection with its money laundering probe in the PNB scam against Gitanjali Gems and its promoter Mehul Choksi.

PNB fraud: RBI conducts risk-based supervision on annual basis, says bank; other details

Late on Monday night, PNB informed stock exchanges that the amount of fraudulent transactions involving the Nirav Modi scam could go up by over Rs 1,300 crore.&nbsp;"In continuation to our filing with stock exchanges on February 14, 2018, we have to inform that quantum of reported unauthorised transactions can increase by $204.25 million," PNB said in a Bombay Stock Exchange (BSE) filing.

PNB scam: PSBs asked to check all NPAs above Rs 50 crore for possible fraud

RBI data suggests that between 2013 and 2017, a total of 17,504 cases of frauds were reported by public and private banks. Of these, about 2,084 had insider involvement.

PNB fraud: To catch a thief, Centre has these 12 tough steps; in brief, read all about it

pnb-fraud

Mehul Choksi arrest in Belgium: Reports suggest that his arrest was based on two non-bailable warrants issued by the Mumbai court, dated May 23, 2018 and June 15, 2021.

The company's total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing.
 

Leading exchanges BSE and NSE will suspend trading in shares of as many as nine firms, including banking fraud accused Mehul Choksi's Gitanjali Gems, from September 10. 

Two jewellers, Nirav Modi and Mehul Choksi linked fraud of over Rs 14,000 crore has reflected in the earnings of Punjab National Bank in a very disappointing manner. 

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PNB fraud News- Zee Business provides latest news on PNB fraud, PNB fraud news Today, Top News on PNB fraud, update on PNB fraud Stay updated with business news, breaking news headlines.

PNB Fraud

Fugitive diamond merchant Mehul Choksi arrested in PNB fraud case

Punjab National Bank reports Rs 270.57 crore loan fraud by Gupta Power Infrastructure

PNB fraud-accused Mehul Choksi's Gitanjali Gems, 8 other firms can't trade in shares from September 9. Here's why

PNB fraud: Hong Kong regulator enhances supervision of lender's HK branch

Will PNB see any ray of hope; analysts trim down ratings

This is why Rs 13,500cr PNB fraud case went undetected

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