Government-owned Punjab National Bank (PNB) on Saturday reported a 159 per cent surge in its net profit to Rs 3,252 crore for the April-June quarter of 2024.25 compared to the corresponding figure of Rs 1,255 crore in the same quarter of 2023-24.
According to police officials, the police teams investigating the crime succeeded in zeroing in on the suspect within 12 hours of the robbery by following the footage available from various CCTV cameras.
On a sequential basis, the state-run lender's net profit jumped by 35.4 per cent compared to the Oct-Dec quarter
Police reached the spot on information and rushed the injured cashier Narendra Singh Shekhawat to a private hospital.
The agreement was signed at IREDA's registered office, which paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects.
According to investigating officials, Modi had left India on January 1, 2018, much before the CBI received a complaint from Punjab National Bank (PNB) on January 29, 2018, about the fraud.
The Central government has removed two Punjab National Bank (PNB) Executive Directors – Sanjiv Sharan and K Veera Brahmaji Rao – for the lapses in the Rs 13,500 crore fraud allegedly perpetrated by absconding diamantaire Nirav Modi.
This year, the Reserve Bank of India has allowed housing finance companies to borrow through ECB up to USD 750 million annually under the automatic route, the company said in a statement.
The IT Department has decided to re-assess the tax returns of over 50 high net-worth individuals who purchased jewellery from diamantaire Nirav Modi.
The Ministry of External Affairs (MEA) has written to several European countries seeking help to trace fugitive diamantaire Nirav Modi,…
