Your browser does not support JavaScript or it may be disabled!
 India As It Happens
Rediff Labs will showcase innovative products that rediff is working on behind the scenes.
News   |   Images
Get Realtime News
on your webpage

About 134 results for "pnb lou"

Honoured all LoUs during 2011-16: PNB to FinMin

Former PNB official Shetty booked in Rs 9-cr LoU fraud with an...

Thu, Mar 15 2018 02:26:24 PM New Delhi, Mar 15 (IANS): Apparently, the Nirav Modi and Mehul Choksi groups were not the only ones indulging in frauds related to Letters of Undertaking (LoUs) issued by the Punjab National Bank (PNB) officials. The Central ... Daiji World, 1 week ago

17 images for pnb lou

Business Standard, 6 days ago
Business Standard, 3 weeks ago
Business Standard, 1 month ago
Business Standard, 3 weeks ago
DNA, 2 weeks ago, 2 weeks ago
Business Standard, 4 weeks ago
Business Standard, 3 weeks ago, 1 month ago
DNA, 3 weeks ago
Business Standard

Nirav Modi fraud: PNB to honour bonafide LoU; increase its focus on CASA

PNB reassured its shareholders, customers, partners and employees on the bank's capability and capacity to come out of this situation Press Trust of India | New Delhi Last Updated at March 16, 2018 23:20 IST The logo of Punjab National Bank (PNB) is seen on a ...
 Business Standard6 days ago PNB fraud: Rs 45 billion in LoU scam diverted to Choksi firms, says CBI  Business Standard3 weeks ago PNB Fraud: Banks for raising cover against fraud by staff  Deccan Herald3 weeks ago PNB says it will honour all "bonafide commitments"  Sify1 month ago
Business Standard

Nirav Modi case: CBI recovers LoU documents, arrests another PNB executive

Mishra was responsible for auditing the procedures and practices followed in the PNB branch and report them Press Trust of India | New Delhi Last Updated at March 2, 2018 07:36 IST The Central Bureau of Investigation (CBI) on Thursday arrested another senior ...
 Business Standard3 weeks ago Another PNB executive arrested; papers related to LoUs found in chawl  Rediff.com3 weeks ago Nirav Modi case: CBI recover documents related to LoU from 'chawl'  The Financial Chronicle3 weeks ago PNB fraud: CBI questions Allahabad Bank CEO  Rediff.com3 weeks ago
Business Standard

CBI books jeweller Nirav Modi in a Rs 2.8-bn cheating case related to PNB

The bank has alleged in the complaint that a fraudulent issuance of Letters of Undertakings (LOU) took place on January 16, 2018 for and on behalf of the accused firms Press Trust of India | New Delhi Last Updated at February 5, 2018 15:25 IST Image posted by ...
 Business Standard1 month ago PNB fraud is now pegged at Rs 12,717 crore  Rediff.com3 weeks ago BJP hits back at Congress on PNB fraud  Deccan Herald1 month ago Intesa Sanpaola SPA (HK) only foreign bank to be affected by PNB fraud  Sify1 month ago
Business Standard

Exposure of $0.28 mn against one LoU issued by PNB to gems clients: BoB

Bank of Baroda has some direct exposure to the gems and jewellery sector customers under consortium arrangement Press Trust of India | New Delhi Last Updated at February 22, 2018 22:12 IST The Bank of Baroda headquarters is pictured in Mumbai Public sector ...
 Business Standard4 weeks ago Come up with implementable plan to repay dues: PNB to Nirav Modi  Deccan Herald4 weeks ago SBI discloses Rs 13.6-bn exposure in LoU issued by PNB to Nirav Modi  Business Standard1 month ago Clear criminal connivance of Nirav Modi and Gitanjali Gems in Rs 11000 crore scam, says PNB in letter to banks  Sify1 month ago
Business Standard

Assets worth Rs 57.16 bn, 1st LoU issued in Mar 2011 seized: ED on PNB scam

The ED is also moving to attach at least two dozen immovable properties of Modi, Choksi and their concerns under the Prevention of Money Laundering Act Press Trust of India | New Delhi/Mumbai Last Updated at February 19, 2018 20:27 IST Enforcement Directorate ...
 Business Standard1 month ago Diamonds, real estate, and fixed deposits of Nirav Modi under ED scanner  Sify1 month ago

No instruction to PNB to meet commitments under LoU: RBI

The Reserve Bank of India (RBI) on Friday denied having sent any instruction to Punjab National Bank (PNB), which detected a $1.8 billion fraud, to meet its commitments under the Letter of Undertaking (LOU) to other banks."There have been reports in the media ...
 Prokerala1 month ago RBI tells PNB to pay up LoU dues to other banks  Rediff.com1 month ago PNB Fraud: RBI denies reports of asking bank to pay up  DNA1 month ago
Business Standard

PNB scam: Violation of norms going on since 2010, says CBI

Nair had signed various applications to avail the LoU facility, and he was also a director at 19 other companies of Mehul Choksi, the CBI lawyer said Press Trust of India | Mumbai Last Updated at March 6, 2018 02:46 IST Photo: Reuters Violation of norms for ...
 Business Standard2 weeks ago

Employees colluded in LoU scam, PNB chief admits to ED

According to ED sources Sunil Mehta said the fraud took place due to “systemic failure” and “procedural lapses”, owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.  Forward Bloc’s youth wing members protest in front of the Punjab National Bank zonal office in Kolkata. Photograph: Swapan Mahapatra/PTI Photo. Punjab National Bank’s managing director and chief executive, Sunil Mehta, ...
 Rediff.com2 weeks ago
Business Standard

PNB fraud: Surat traders hope scam won't take shine off diamond business

According to him, the LoU facility is not widely used by the Surat-based diamond processing firms Press Trust of India | Surat Last Updated at February 25, 2018 16:39 IST (Photo courtesy: Alrosa) The diamond industry in Surat is hopeful that its business will ...
 Business Standard3 weeks ago
Prev | Next
Personalize your Realtimeclose [x]
Add content to your personalized tab - My News
Add upto 6 topics of your interest:
for eg.2g Scam , World
Personalize the tabs display. ( You can add or remove the tabs )
AlertsGet updates on latest news & your favourite topics right in your inbox.Set an Alert|Manage your Alerts


Realtime News

on your Webpage

Add Widget >Get your members hooked!
Get updated on latest news & your favorite topics right in your inbox!
More     Less