PNB
Finance
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
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
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
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
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
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
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 ......
General
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 ......