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Thursday, October 30, 2025
TopicPunjab National Bank

Topic: Punjab National Bank

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. 

PNB in Antigua, and Narendra Modi’s gau dan in Uganda

The best cartoons of the day, chosen by editors at ThePrint.

Modi govt may push for mergers to tackle crisis in state-run banks

Apart from the insolvency and bankruptcy code, the govt may announce additional mechanisms to strengthen recovery and reduce NPA levels.

India set to pump Rs 13,500 crore into state banks to meet capital requirements

Govt 's infusion comes as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds.

Govt set to infuse about Rs 2,000 crore into Punjab National Bank by next week

PNB will issue preferential shares to the government to raise the capital to meet interest obligations on perpetual bonds.

Mehbooba Mufti hits back at the BJP and an Army major arrested

PDP President Mehbooba Mufti took to social media yesterday to hit back at former ally BJP on Sunday, a day after its president Amit Shah accused the alliance government led by her of corruption, misrule, and being soft on separatists

Just when they need leadership, public sector banks are headless

Spiraling bad loans and an intensified crackdown on corruption in the financial sector have made the job less appealing than ever.

RBI unearths $7 billion of bad loans at big Indian bank

Hidden bad debt is a blow to the sector given that half of India’s 22 government-controlled banks are already under the Reserve Bank of India’s strict Prompt Corrective Action program that restricts lending and expansion.

On Camera

News channels dialled up the science on artificial rain all day — then asked us to pray

TV news channels assured viewers that once the cloud-seeding was completed, rain could be expected anytime. 'Jab chaho, baarish kar lo,' claimed Times Now Navbharat.

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.