by Team Small News | Apr 14, 2025 | ICICI Bank, IDBI Bank, Punjab National Bank
Mehul Choksi, the billionaire diamond trader and nephew of Nirav Modi, wanted in the Punjab National Bank (PNB) loan fraud case, may finally be on his way back to India after being arrested in Belgium at the behest of the Central Bureau of Investigation (CBI). Choksi,...
by Team Small News | Apr 13, 2025 | Punjab National Bank
The Enforcement Directorate (ED) filed a plea in 2018 to declare diamond trader Mehul Choksi a fugitive economic offender, but the case remains pending due to numerous delays caused by Choksi’s legal team. Choksi is absconding in connection with the Punjab...
by Team Small News | Apr 13, 2025 | Axis bank, Bank of Baroda, HDFC Bank, ICICI Bank, Punjab National Bank, RBI, State Bank of India
HDFC Bank, India’s second-largest bank by assets, has reduced its interest rate on savings accounts by 25 basis points to 2.75%. This reduction is effective from April 12 and applies to savings accounts with balances less than Rs 50 lakh, earning an interest...
by Team Small News | Apr 12, 2025 | Punjab National Bank
The Punjab National Bank (PNB) celebrated its 131st Foundation Day on April 12, marking a century and a decade of customer-centric banking and financial inclusion. The celebration was attended by dignitaries, bank executives, employees, and customers at the PNB...
by Team Small News | Apr 12, 2025 | Punjab National Bank
The National Company Law Appellate Tribunal (NCLAT) has overturned a decision by the National Company Law Tribunal (NCLT) in a recent judgment, stating that Punjab National Bank (PNB) must refund ₹4.50 crore to the liquidation estate of Vegan Colloids Ltd. This...
by Team Small News | Apr 12, 2025 | Central Bank of India, Indian Bank, Punjab National Bank, RBI, UCO Bank
The Reserve Bank of India (RBI) has cut interest rates for the second consecutive time, and as a result, four government banks have reduced their interest rates. The affected banks include Punjab National Bank, Bank of India, Indian Bank, and UCO Bank. This decision...