PNB

Finance

28 March, 2018

State-run IDBI Bank discloses $119 mn fraud

IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......

Finance

15 March, 2018

PNB branch at centre of Nirav Modi scam detects new fraud

India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......

Finance

13 March, 2018

Punjab National Bank fraud swells by $145 mn more

The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) ......

Finance

12 March, 2018

Andhra Bank shares slump to 15-year low on fraud probe

Shares in the state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell ......

Finance

27 February, 2018

PNB says bank fraud now estimated at nearly $2 bn

India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......

Finance

15 February, 2018

PNB says it can recover from India's largest-ever loan fraud as shares slide

Punjab National Bank, India’s second-largest state-run lender, said on Thursday it has the capability and capacity to recover after uncovering ......

Finance

12 December, 2017

Punjab National Bank raises $777 mn via share sale

Punjab National Bank has raised 50 billion rupees ($777 million) from a share sale to institutional investors, sources with direct ......

Premium

General

25 October, 2012

IFC partners credit information services firm High Mark

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has tied-up with High Mark Credit ......