Saturday, 22 January, 2022
TopicPunjab National Bank

Topic: Punjab National Bank

PNB denies cybersecurity firm’s claim that 180 million customers’ data was breached

Chandigarh-based cybersecurity firm CyberX9 said a vulnerable PNB internal server could have allowed in a hacker, and the bank fixed problem months after patch was available.

Mumbai court allows return of Nirav Modi’s confiscated assets worth Rs 440 crore to PNB

The bank in July had filed multiple applications seeking the release of properties mortgaged with PNB against credit facilities extended to two of Nirav Modi's firms.

CBI books Amrapali Biotech over alleged fraud of Rs 47.97 crore in PNB

CBI also booked the company's directors for misappropriating the loan amount given to them by the bank 'with an ulterior motive to embezzle the public money'.

Privatisation is here — these two public sector banks could be the first ones to be sold

Bank stocks surge as Budget 2021 initiates long pending reforms, but unions oppose move.

3 PSU banks have Rs 9,922 cr of NPAs in roads sector. Delays, low toll collection blamed

The banks shared data with the parliamentary panel on transport, tourism and culture, which was looking at aspects of lending to the road sector.

Under Modi govt, top bosses of PSU banks have stopped getting extensions

In the past six years, at least six top public sector bankers have not been given an extension by the Modi govt, despite being eligible for it.

CBI books YSRCP MP Ramakrishna Raju in Rs 826-crore worth loan default case

Raju’s company, Ind Barath Thermal Power Ltd, is alleged to have defaulted on loan taken from a Punjab National Bank-led consortium.

Mehul Choksi surrenders his Indian passport to high commission in Guyana

Choksi, the alleged mastermind of the Punjab National Bank scam, has taken citizenship in Antigua last year.

What the ‘fugitive economic offender’ tag means for Vijay Mallya

The Modi government has begun proceedings against Vijay Mallya, the fugitive businessman, the first under a law it enacted last year.

Interpol issues red corner notice against Mehul Choksi, says CBI

Choksi has taken citizenship of Antigua after he and his companies allegedly cheated the Punjab National Bank of Rs 7,000 crore. 

On Camera

YourTurn

File photo of students protesting against the reservation in Bandra | Representational image | ANI Photo

Indian drawing room talk on ‘merit’ stands demolished by Supreme Court NEET ruling

Supreme Court's explanation on the constitutional validity of OBC quota in NEET rejects commonly held views of dominant castes who are blind to India's social realities.
A visual representation of the digital Cryptocurrency, Bitcoin alongside US dollars | Photo: Dan Kitwood | Getty Images via Bloomberg

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.

Defence

German Navy chief Vice Admiral Kay-Achim Schonbach | Twitter: @chiefdeunavy

China ‘not that nice country’, giving money to dictators & killers: German Navy chief in India

Vice Admiral Kay-Achim Schonbach later issued a clarification, saying comments were his 'personal view' and not German defence ministry's, and expressing them was a 'mistake'.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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