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Monday, July 28, 2025
TopicPNB

Topic: PNB

What the PNB scam reveals: The need for Human Resource management in India’s bureaucracy

Worldwide, there has been a shift from 'personnel' to 'HR' and focus on performance development, appraisal systems and employees’ professional development.

Punjab National Bank discussed fraud prevention in 2016, but didn’t introduce safeguards

A report to the central government says Punjab National Bank had debated putting in place safeguards to prevent fraud in 2016, but put no systems in place. 

30 public sector and co-op banks are susceptible to PNB-like fraud

Despite RBI warnings about the risks of the SWIFT messaging system, these banks have not linked it to their core banking systems.

We can’t do away with bank scams. But we can aim for an India where they are fewer

Money is about accounting entries. Modern scams are all about stealing accounting entries, when the system has a “reconcilement” problem.

Mehul Choksi bigger defaulter than Nirav Modi, probe says 143 LOUs issued over two months

CBI says Mehul Choksi alone defrauded PNB of Rs 4,886 crore, which makes him the bigger defaulter than his nephew Nirav Modi.

On Camera

Dhankhar’s resignation: How Modi-Shah’s ‘capable’ BJP has served another strong message to RSS

One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.

Unclaimed deposits worth Rs 67,000 crore lying in banks, 87% in public sector banks alone, Parliament told

SBI holds Rs 19,239 crore in unclaimed deposits, or 26% of the abandoned money in public banking system. PNB, Canara Bank follow.

India wanted a stable, prosperous Pakistan but our peace efforts were mistaken for weakness: Rajnath

Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.