How PNB fraud happened? A 162page report lays bare the lapses

18 hours ago
PNB's internal probe report noted that it is 'incomprehensible' that staff at the bank's Brady House branch did not notice the fraud being committed. Photo: Abhijit Bhatlekar/Mint. Mumbai/New Delhi: A $2 billion PNB fraud may have been orchestrated by PNB Scam: Lapses at many levels of bank led to huge fraud, internal report shows ... ...

Risk of cardiovascular disease varies widely among states in India: Study

1 day ago
Read more about Risk of cardiovascular disease varies widely among states in India: Study on Business Standard. The risk of suffering from fatal or nonfatal cardiovascular disease in the next 10 years varies widely among people living in different states in India, ranging from 13.2 per cent chance for residents of Jharkhand to 19.5 per cent for those in ... ...

Banks Board Bureau recommends 22 names for EDs post in Public Sector Banks

3 days ago
Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at the various public sector banks for vacancies in the current financial year. This is the first major exercise undertaken by the BBB headed by newly  ... ...

UK confirms Nirav Modi's presence in Britain, assures full support to India

1 week ago
The United Kingdom has confirmed that Indian diamantaire Nirav Modi, who is at the centre of a money laundering case linked to the over Rs 13,000 crore Punjab National Bank (PNB) fraud, is currently in that country, top officials said on Monday. UK ... ...

Reddy flays govt. over fraud at PNB

1 week ago
Former RBI Governor Y.V. Reddy has criticised the government for the multicrore fraud at Punjab National Bank (PNB) and said as the owner of public sector lenders, it was answerable to taxpayer losses rising out of such financial scams. In February ExRBI governor Reddy slams government over PNB fraud ... ...

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