In the police's initial charges, billionaire jeweller Nirav Modi, 21 other people, including PNB officials were accused of being involved in fraudulent transactions that led to losses of roughly 65 billion rupees for PNB

PNB scam: Judge Emma Arbuthnot rejected his bail application despite Modi's offer to double security from 2 million pounds to 4 million pounds

RBI flouts its own directive and defies Supreme Court to protect big corporate defaulters, putting the entire banking system at great risk, while crying foul over farmers' loan waivers - paid for by state governments and relatively inconsequential

IBPS has released the vacancy for 1,163 vacancies for the job of Specialist Officer on its official website ibps.in

The bank made provisions worth Rs 2,928.90 crore during Q2 FY20, 70 per cent less than Rs 9,757.90 crore in Q2 FY19, but 44 per cent higher than Rs 2,023.31 crore

The locations raided were across Andhra Pradesh, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Punjab, Tamil Nadu, Telengana, UP, Uttarakhand, and Dadra & Nager Haveli.

Hanung Toys and Textile Ltd owes Rs 2,300 crore from a consortium of 15 lenders led by PNB, which alone has exposure of Rs 599 crore

Job growth improves in May-August; low-skilled jobs dominate: CMIEDespite ongoing economic slowdown, India's employment figures have remained steady during recent months. Employment in India increased by 25 lakh from May to September 2019, according to a Centre for Monitoring Indian Economy (CMIE) survey. As per CMIE data, an estimated 40.49 crore persons were employed in India during May-August 2019, compared to 40.24 crore people employed during these months a year-ago. This tra...

PMC Bank was amongst 46 banks -public, private, rural and multi state cooperative - to take part in the broad basing of NPCI's equity shareholding from the initial 10 large scheduled commercial banks.

Nirav Modi has been lodged at South-West London's Wandsworth jail, one of England's most overcrowded jails, since his arrest on March 19

Choksi's counsel has said that unless the application for cancellation of NBW is not heard and disposed of, Mehul Choksi cannot be declared a proclaimed offender.

Bank of Maharashtra, Syndicate Bank, Bank of Baroda have said their operations could be hit; the unions are protesting against recent bank mergers, falling deposit rates and job security