The PNB has announced that it will close all such accounts with no activity for the past three years and no balance, unless the Know Your Customer (KYC) process is completed by May 31, 2024. After this date, no further notice will be given to account holders.
The Central Bureau of Investigation (CBI) has lodged a case against IL&FS Transportation Network Ltd and its directors on charges of defrauding 19 banks of Rs 6,524 crore between 2016 and 2018.
During a virtual press briefing on Friday, Atul Kumar Goel, Managing Director and Chief Executive Officer, PNB, said, "We don't have any exposure to Go First Airlines."
The 63-year-old fugitive is wanted in India in connection with a Rs 13,500-crore fraud in the Punjab National Bank (PNB).
Binod Kumar is a Graduate of Science from Ranchi University and holds Post Graduate Diploma in Banking & Finance from NIBM, a Financial Risk Manager (FRM) from GARP (USA), and a Certified Associate Member of the Indian Institute of Bankers (CAIIB).
The notice has been issued in connection with a money laundering case registered against her in India.
Total income rose to Rs 24,292.80 crore during the June quarter of 2020-21, as against Rs 15,161.74 crore in the same period.
PNB on Wednesday said it has raised Rs 994 crore by issuing Basel III compliant bonds on private placement basis.
Subsequently, bank manager Ravindra Pandit registered a case with the local police in which he claimed a total loot of Rs 52,58,500 from the bank during the robbery.
'The multiple teams during the searches at the premises are taking full safety in view of the novel Coronavirus pandemic. They are wearing PPE kits and ensuring all protocols for the COVID-19,' said CBI official.
