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www.businesstoday.in
New Delhi, February 18, 2018
Concerned over a massive Rs 11,000-crore fraud at PNB remaining undetected for years, markets regulator Sebi may give a fresh push to its \"on-hold\" proposal to mandate listed firms to disclose all loan defaults within a day.


www.businesstoday.in
New Delhi, February 18, 2018
The fraudulent transactions of Rs 11,400 crore detected at Punjab National Bank should act as a strong trigger for the government to reduce its stake to less than 50 per cent in public sector banks (PSBs), industry body Assocham said today.


www.businesstoday.in
February 18, 2018



www.businesstoday.in
New Delhi, February 18, 2018
Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the centre of a massive alleged fraud at the state-run Punjab National Bank, the tax department has estimated.


www.businesstoday.in
Mumbai, February 17, 2018
PNB's Brady House branch received claims from Allahabad Bank and Axis Bank's Forex branches for which LoUs issued by PNB was due. This is when PNB officials found something was amiss.


www.businesstoday.in
New Delhi, February 17, 2018
State-owned UCO Bank today said it has exposure of USD 411.82 million (about Rs 2,636 crore) in the Rs 11,400-crore PNB fraud committed by billionaire jeweller Nirav Modi and his associates.


www.businesstoday.in
February 17, 2018



www.businesstoday.in
February 17, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
Zee Entertainment MD Punit Goenka has always been sceptical about offering content free. The home-grown media conglomerate earlier this week let out its digital strategy with the launch of Zee 5.


www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
It was quite out of character for Nitin Gadkari when last Thursday he said there was no need for a policy on electric vehicles now after being one of its most active advocates over the last one year.


www.businesstoday.in
New Delhi, February 16, 2018
Former Allahabad Bank Director Dinesh Dubey told India Today, \"I had asked the management to first recover the previous loan from Gitanjali Gem before releasing fresh loan, but I was told this needed to be done order to stop NPAs and to run banks.\"


www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018
An LoU is a guarantee by the issuing bank to the receiving bank and the companies that it would undertake to pay a certain amount of money on a specific date.


www.businesstoday.in
February 15, 2018



www.businesstoday.in
February 15, 2018



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