Pnb scam summary
WebMar 14, 2024 · Due to the heightened pessimism on the back of India’s biggest banking fraud, shares of PNB have fallen about 40% in a span of one month while the stock of Mehul Choksi-led Gitanjali Gems had ... WebDec 31, 2024 · The PNB scam is basically a case of financial fraud that was committed by Nirav Modi and his associates who colluded with senior Punjab National Bank employees. …
Pnb scam summary
Did you know?
WebFeb 26, 2024 · Nirav Modi Scam or The Punjab National Bank (PNB) scam of ₹11,356.84 crores is being dubbed as the biggest fraud in India’s banking history. Today, we take a … WebFeb 13, 2024 · The central probe agency has alleged Mehta received a large sum of money siphoned off in the PNB fraud scam and transferred them to his and his wife's offshore bank accounts. Mehta is a British national who lives in Hong Kong with his family and had come to India on September 8, 2024 for appearing in a Mumbai court. 31 Jan, 2024, 04:56 PM IST.
WebFeb 28, 2024 · PNB is to ensure that it provides equal opportunity for all to apply for and obtain credit regardless of the demographics of their census tract or the location of the property in question. PNB produced a Fair Lending Status Report and Compliance Plan in concert with an independent, third-party consultant, and submitted it to the U.S. for review. WebAug 12, 2024 · Punjab National Bank (File Photo Reuters) By PTI MUMBAI: A special CBI court here on Thursday granted temporary bail to the Gitanjali group's vice president Vipul Chitalia, an accused in the...
WebFeb 21, 2024 · The Central Vigilance Commission has stepped in and asked Punjab National Bank to name the bank officials involved in the scam and identify senior management … WebMay 12, 2024 · The magnitude of the scam was a staggering Rs.11,400 crores (about 1.8 billion dollars) and it mainly took place at a single branch in Mumbai of the Punjab …
WebApr 16, 2024 · The Mehul Choksi-run Gitanjali Gems, which owes over Rs 12,550 crore to 31 financial creditors and a key player in the Rs14,000-crore PNB scam, is headed for liquidation as the committee of ...
WebNov 9, 2024 · One of the biggest frauds in India’s banking history, the PNB scam is worth over Rs 11,000 crore. In May 2024, the CBI and ED had registered FIRs against the fugitive diamond merchant, and in March 2024, he was arrested in central London by UK authorities. He has been imprisoned in Wandsworth Prison in south-west London since his arrest in … scary thomas the train.exeWebApr 15, 2024 · MUMBAI: The Institute of Chartered Accountants of India (ICAI) has sent notices to all statutory auditors of Punjab National Bank's Brady House branch, where the over Rs 13,000 crore scam involving Nirav Modi took place, to appear before its disciplinary board. The chartered accountants' apex body has made a list of the statutory auditors of … rune factory 4 citra romWebJul 11, 2024 · Allegations: On 29 th January 2024, the PNB filed a case against Nirav Modi and his company to the CBI alleging that they defrauded the bank for Rs. 13,000 crores. There were four main accused in the scam; Nirav Modi, his wife, his brother and his maternal uncle as they were all partners of the company. rune factory 4 childrenWebAug 27, 2024 · A special court here on Friday allowed 'restoration' of properties worth Rs 500 crore of fugitive jeweler Nirav Modi 's firms to Punjab National Bank ( PNB ). This is the … rune factory 4 corn cerealWebMay 31, 2024 · PNB revealed that fraudulent transactions by billionaire jeweler Nirav Modi and related entities amounted to $1.77 billion or over Rs 11,400 crore. The key accused in the case were jeweler and designer Nirav Modi, his maternal uncle Mehul Choksi, and other relatives and some PNB employees. rune factory 4 cursed dollWebDec 8, 2024 · Punjab National Bank registered a case against Nirav Modi, His Brother Neeshal & His Uncle Mehul Choksi on February 13. 5) The Bank initially reported a scam … rune factory 4 crackWebMay 28, 2024 · New Delhi: Fugitive diamantaire Nirav Modi, 48, is being probed under many criminal laws after the alleged Rs 14,600 crore Punjab National Bank (PNB) scam came to light in February following a complaint by the state-run lender that he duped the state-controlled bank with the help of a few executives of the bank. scary thomas the train games