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PNB plans asset sales to revive fortunes after second straight quarterly loss

Finance

07 August, 2018

PNB plans asset sales to revive fortunes after second straight quarterly loss

India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a ......

RBI tightens banks' statutory auditor rules

Finance

04 July, 2018

RBI tightens banks' statutory auditor rules

India's central bank on Wednesday tightened rules on banks' statutory auditors saying it reserved the right to not approve appointments ......

PNB probe reveals how lapses across levels led to $2 bn fraud

Finance

20 June, 2018

PNB probe reveals how lapses across levels led to $2 bn fraud

A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but ......

Here's why booking CAs and lawyers for bank frauds may not be enough

Finance

18 June, 2018

Here's why booking CAs and lawyers for bank frauds may not be enough

Punjab National Bank (PNB), which suffered the ignominy of reporting India’s biggest bank fraud, plans to go on the offensive ......

India unwrapped: 'Plot' to kill PM, Kashmiri editor's murder sum up sombre week

General

15 June, 2018

India unwrapped: 'Plot' to kill PM, Kashmiri editor's murder sum up sombre week

The week began with a controversy surrounding an alleged plot to assassinate Prime Minister Narendra Modi, and ended with the ......

PNB fraud: Jeweller Nirav Modi flees to UK, seeks political asylum

People

11 June, 2018

PNB fraud: Jeweller Nirav Modi flees to UK, seeks political asylum

Nirav Modi, the billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled ......

India unwrapped: United opposition, costlier fuel add to PM Modi's headache

General

25 May, 2018

India unwrapped: United opposition, costlier fuel add to PM Modi's headache

Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) would like to forget the week gone by in a hurry.The BJP ......