Official Statement: Public Information Bureau – PIB

Fugitive businessman Mehul Choksi may soon face extradition proceedings in a Belgian court for his alleged involvement in the ₹13,000 crore PNB scam, with several key details emerging in the case.

by | Sep 11, 2025 | Punjab National Bank

Mehul Choksi, a fugitive Indian businessman, is likely to face extradition proceedings in a Belgian court over his alleged involvement in the ₹13,000 crore Punjab National Bank (PNB) scam. Choksi, who is currently living in Antigua, has been charged by Indian...
Kalyan Kumar is poised to take the helm at Union Bank, as speculation surrounds Lalit Tyagi’s potential move to Central Bank amidst a larger organizational reshuffle.

Kalyan Kumar is poised to take the helm at Union Bank, as speculation surrounds Lalit Tyagi’s potential move to Central Bank amidst a larger organizational reshuffle.

by | Sep 6, 2025 | Bank of Baroda, Bank of Maharashtra, Central Bank of India, Indian Bank, Punjab National Bank, Union Bank of India

The Indian government is set to announce a significant reshuffle in the top management of public sector banks. According to senior officials aware of the development, Kalyan Kumar, currently the executive director of Punjab National Bank, is likely to be appointed as...