punjab national bank

Ahmedabad/Surat, April 10 – A special Central Bureau of Investigation (CBI) court in Ahmedabad on Friday convicted and sentenced three retired officials of Punjab National Bank (PNB), along with five private individuals and a company, in a bank fraud case.The case involved the granting of...

Ahmedabad, April 10 A special CBI court here on Friday convicted eight individuals, including three retired officials of Punjab National Bank (PNB), in a 2016 loan fraud case that caused a loss of Rs 1.57 crore to the lender.The court sentenced retired Assistant General Manager Gurinder Singh...

New Delhi, April 7 State-owned Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Government e-Marketplace (GeM) to improve financial access for sellers.The onboarding of Punjab National Bank as a lending partner on the GeM Sahay Portal offers multiple benefits...

Aizawl, April 5, 2026: Mizoram Governor, General (Dr) Vijay Kumar Singh (Retd), inaugurated the second edition of the 2026 PNB Soldierathon, organized by Punjab National Bank and the Indian Armed Forces to commemorate the bank's 132nd Foundation Day.The event, themed "Run For Soldiers," was...

New Delhi, April 5 The Supreme Court has intervened in a case where a man's credit score remained "negative" for years, despite having no outstanding loans or payment defaults.A bench of Justices JB Pardiwala and KV Viswanathan heard a petition filed by Rajendra Singh Panwar, a resident of...

New Delhi, April 3 The Punjab National Bank Officers' Union has written to the bank's managing director to reconsider the mass transfer of officers in Scale IV and above, arguing that such a large-scale relocation would negatively impact the performance of the country's second-largest public...

New Delhi, March 30 – The Enforcement Directorate has investigated 1,105 cases of bank fraud under the Prevention of Money Laundering Act (PMLA) and has attached assets worth ₹64,920 crore, Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday.She also said that action had been...

New Delhi, March 25 The High Court of London rejected diamantaire Nirav Modi's petition to reopen his case against his extradition to India, where he is wanted in connection with the Rs 13,000-crore Punjab National Bank (PNB) fraud, officials said.Modi had approached the High Court of Justice...

Indore, March 25 – The Enforcement Directorate (ED)'s Indore Sub-Zonal Office has provisionally attached three immovable properties worth approximately Rs 4 crore under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a significant bank fraud case.The attached properties...

Mumbai, March 24 A special CBI court here on Tuesday convicted a retired bank manager and nine others in a 2004 loan fraud case, and sentenced them to prison terms ranging from one year to five years.The masterminds of the crime, brothers Kashinath Jadhav and Ganesh Pandurang Jadhav, were...

Hoshiarpur (Punjab), March 23 A 48-year-old bank guard accidentally shot himself while cleaning his double-barreled gun in Talwara town here on Monday, police said.Gurmail Singh, a native of Maddipur village under the Dasuya Police Station limits, is a security guard at a Punjab National Bank...

New Delhi, March 19 – The CBI questioned Amit Dangi, a top executive of Authum Investment & Infrastructure Ltd., on Thursday in connection with the Rs 57.47 crore bank fraud case involving Reliance Commercial Finance Ltd.Dangi is a full-time director at Authum Investment & Infrastructure Ltd...

Mumbai, March 17 State-owned Punjab National Bank on Tuesday invited bids to sell the non-performing assets (NPAs) of Rolta Pvt Ltd, worth Rs 450.85 crore.The NPAs consist of a land parcel and building in Gurugram, Haryana, measuring approximately 7,800 sq m. The reserve price for the asset...

New Delhi, March 9 – The National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT) announced on Monday that the initial portion of its upcoming IPO will be allocated exclusively to domestic investors.The anchor book will open for subscriptions on March 10...

Srinagar, March 7 Jammu and Kashmir celebrated a moment of pride as a visually impaired JNU graduate, the son of a labourer, and a serving JKAS officer passed the prestigious UPSC Civil Services Examination-2025, showcasing determination and inspiring many.Irfan Ahmad Lone, who lost his eye in...

New Delhi, March 2 The state-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is preparing to launch its initial public offering (IPO) worth Rs 6,000 crore.The InvIT's first public offering will open on March 11 and conclude on March 13, while bidding for anchor investors will take...

New Delhi, February 25 Fitch Ratings on Wednesday affirmed the ratings of two public sector banks – Punjab National Bank (PNB) and Bank of Baroda (BoB) at 'BBB-' with a stable outlook.PNB and BoB's long-term Issuer Default Rating (IDR) reflects Fitch's expectation of a high probability of...

New Delhi, February 17 Gold jewelry was allegedly found missing from a bank locker at a Punjab National Bank branch in west Delhi's Kirti Nagar area. Following this, a case has been registered and an investigation has been initiated, police said.According to a Delhi Police statement, the...

February 15, New Delhi: Amit Shah inaugurated India's first Central Bank Digital Currency (CBDC)-enabled Public Distribution System, developed in partnership with Punjab National Bank, in Gandhinagar, Gujarat, on Sunday.Under the pilot project, over 26,000 families in the Sabarmati zone and...