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pnb fraud: speak up, don't act like the guilty, rahul gandhi tells pm modi




in yet another attacking tweet, congress president rahul gandhi on sunday asked prime minister narendra modi to "speak up" on the multi-crore pnb fraud case that involved billionaire jeweller nirav modi. taking on to twitter, rahul said, "pm modi tells kids how to pass exams for two hours but won't ...



nirav modi’s $1.8 bn scam will leave the banking sector in disarray




want create site? find free wordpress themes and plugins.above: nirav modi/photo courtesy: facebook  even as another multi-billion dollar shady deal within the indian banking sector comes to light through the rs 11,292 crore ($1.8 billion) scam by diamond merchant nirav modi, political parties have...



rs 114-bn pnb scam: govt seeks rbi's view on lapses in banking system




the union government has shot off a letter to the reserve bank of india (rbi) on the alleged rs 114-billion punjab national bank (pnb) scam, asking whether at any stage the banking regulator had detected the fraud, involving letters of undertaking (lous) issued to foreign branches of indian banks on...



rahul to pm modi, jaitley




congress president rahul gandhi today asked prime minister narendra modi and finance minister arun jaitley to speak up on the multi-crore pnb scam and not behave like "guilty"."pm modi tells kids how to pass exams for 2 hours, but won't speak for 2 mins on the 22,000 crore banking scam. mr jaitley i...



scamsters conveniently leave india under pm modi govt, says prakash karat




former cpi(m) general secretary prakash karat has alleged that it has become an established pattern for scamsters to "conveniently leave" the country under the narendra modi led government. in his editorial in the latest issue of the 'peoples' democracy', he has termed the pnb scam the "most brazen ...



pnb fraud: nirav modi blames bank's 'haste' for fiasco; top 10 developments




nirav modi knows who's to blame for the losses faced by public-sector lenders due to the rs 114-billion scam at punjab national bank (pnb). according to the absconding businessman, it's pnb and its "haste" that are to blame. modi reportedly wrote to banks, saying that the firms controlled by him wer...



congress to take pnb fraud issue to people; rope in other parties




with the pnb banking scam gaining traction, congress on saturday decided to put all its might to "expose" the nda government's "complicity" in the fraud and also rope in other like-minded parties to corner prime minister narendra modi in parliament.leading from the front, congress president rahul ga...



pnb fraud: no jail for nirav modi? lawyer says case will collapse like 2g




the lawyer of businessman and the main accused in the punjab national bank (pnb) scam nirav modi on tuesday said that case against his client will collapse just like 2g scam and the bofors matter. speaking to ani, vijay aggarwal said that probe agencies will not be able to prove charges against nira...



no one involved in pnb fraud case will be spared: bjp




under attack from the congress over an rs 11,400 crore scam allegedly involving designer nirav modi, the bjp today said no one involved in the pnb fraud case would be spared and the investigation was proceeding at a rapid pace.union minister ravi shankar prasad also clarified that nirav modi was not...



prime minister will show nirav modi his right place, says ramdev




yoga guru baba ramdev on monday said that prime minister narendra modi will show jeweller nirav modi his right place. "modi government will put nirav modi in his right place. he will face the consequences for the sins he has committed," ramdev here said while addressing the media. "whether it's lali...



nirav deposited rs 900 mn in pnb hours before note ban: ncp's majeed memon




nationalist congress party (ncp) mp majeed memon has quoted a report alleging that the accused celebrity jeweller, nirav modi had deposited cash worth rs 900 million at one of the branches of the scam-hit punjab national bank (pnb), hours before the announcement of demonetisation. "when nirav modi l...



bring out white paper on banking system: congress to nda




the congress on sunday claimed "fraudsters" were linked to the "highest echelons" of the bjp-led nda and urged the government to bring out a white paper on the banking system which it said had witnessed scams involving over rs 61,000 crore in the last five years."bank frauds are tumbling out of the ...



news digest: pnb fraud, vinod rai's exit, chandra's 2nd year, and more




rs 114-bn pnb scam: govt seeks rbi's view on lapses in banking system the union government has shot off a letter to the reserve bank of india (rbi) on the alleged rs 114-billion punjab national bank (pnb) scam, asking whether at any stage the banking regulator had detected the fraud, involving lette...



rahul, cong hit out at 'most expensive chawkidar' modi as scams tumble out




in the wake of another bank fraud by a delhi-based diamond jeweller, congress chief rahul gandhi on saturday hit out at the narendra modi-led government alleging that the scammer "disappeared" while the government looked the other way.rahul took to twitter as the promoters of dwarka das seth interna...



nirav modi punches rs 113-bn hole in pnb through fraudulent transactions




in what may turn out to be one of the biggest scams in the country’s corporate history, delhi-based punjab national bank (pnb) said on wednesday it has been defrauded about rs 113 billion by globally renowned jeweller nirav modi and his relatives through a clutch of companies they own. the second-...



india’s banking system: the anatomy of a bank scam




want create site? find free wordpress themes and plugins.satish k nagpal, chief vigilance officer, pnb, receiving the vigilance excellence award from vice president venkaiah naidu in delhi last yeara senior vigilance officer with the sbi explains how nirav modi’s fraud on punjab national bank woul...



india’s banking system: the anatomy of a bank scam




want create site? find free wordpress themes and plugins.satish k nagpal, chief vigilance officer, pnb, receiving the vigilance excellence award from vice president venkaiah naidu in delhi last yeara senior vigilance officer with the sbi explains how nirav modi’s fraud on punjab national bank woul...



rahul gandhi targets pm modi over new bank fraud




as yet another bank fraud came to light, congress president rahul gandhi on saturday hit out at the modi government alleging that the delhi-based diamond jeweller involved in the scam “disappeared” like nirav modi and vijay mallya while the government looked the other way. he said the promoter o...



pnb scam: fraud by nirav modi, choksi widens to $2 bn; top 10 developments




the massive punjab national bank (pnb) fraud just got bigger, with the scam-hit lender saying that the fraud allegedly perpetrated by absconding businessman nirav modi and his uncle mehul choksi may be worth around $2 billion, over $204 million more than the previous estimate. meanwhile, the key acc...



how did bjp manage to prevent adverse impact of pnb scam in northeast?




on february 14, 2018, the nirav modi scam hit the nation. india’s second largest state-controlled lender, punjab national bank, informed the bombay stock exchange that it had detected some “fraudulent and unauthorised transactions” pertaining to the letters of undertaking (lou) it had issued a...



nirav modi pnb fraud: pm modi's silence speaks of his loyalties, says rahul




congress president rahul gandhi on monday fired yet another salvo at prime minister narendra modi, asserting that he has "robbed india". taking to twitter, gandhi through a poem said that first it was lalit modi then vijay mallya and now nirav modi, who have eloped the country. he alleged that the w...



'fraudsters' were linked to the 'highest echelons' of nda, alleges congress




the congress today alleged, "fraudsters" were linked to the "highest echelons" of the bjp-led nda and urged the government to bring out a white paper on the banking system which it said had witnessed scams involving over rs 610 billion in the last five years. "bank frauds are tumbling out of the clo...



accused give clues to investigators




two bank officials arrested in the multi-crore scam involving nirav modi were initially "evasive" in their responses about the involvement of other employees but now have given more clues to investigators, cbi sources said on sunday.the sources said they were investigating whether the bank staff als...



banks need to revisit surveillance system to plug loopholes: ex-pnb chief




admitting that failure of linkage of swift to core banking system (cbs) could have led to rs 114 billion fraud at punjab national bank, the former head of the scam-hit lender on friday said there was an urgent need for banks to revisit their surveillance system and plug the loopholes. usha ananthasu...



pnb fraud: congress seeks arun jaitley's resignation on moral grounds




senior congress leader prithviraj chavan today demanded union finance minister arun jaitley's resignation on "moral grounds" in connection with the alleged fraud at the punjab national bank (pnb), which he said had raised a "big question mark" on the country's banking system. chavan alleged that nir...