Agartala, Feb 3 (IANS) Tripura Gramin Bank (TGB), one of the leading financial institutions among India’s 28 Regional Rural Banks (RRBs), launched its first-ever co-branded ‘RuPay Credit Card’ in collaboration with its sponsor bank, Punjab National Bank (PNB). A bank official said on Tuesday that TGB has achieved the distinction of becoming the first RRB among the eight RRBs sponsored by PNB, and the first in the country, to roll out a co-branded ‘RuPay Credit Card’, marking a signific…
Latest Punjab National Bank News & Updates
New Delhi, Jan 30 (IANS) The Central Bureau of Investigation (CBI) has arrested two proclaimed offenders wanted in long-pending bank fraud cases involving crores of rupees. The arrests were made on Friday, following a meticulously planned operation conducted across two cities, the agency said in an official press release. The accused have been identified as Sanjay Sharma, also known by aliases Sanjeev Dixit and Pankaj Bhardwaj, a resident of Banswara, Rajasthan, and Sheetal Sharma, also known as…
Hyderabad, Jan 30 (IANS) The Directorate of Enforcement (ED) has completed the process of restitution of five attached immovable properties valued at about Rs 16 crore to the Punjab National Bank (PNB). ED’s Hyderabad Zonal Office said on Friday that the process has been completed under the provisions of the Prevention of Money Laundering Act (PMLA).The properties were attached during the PMLA investigation in the case of Ghanshyamdas Gems & Jewels and its Managing Partner, Sanjay Agarwal….
Bhopal, Jan 30 (IANS) The Enforcement Directorate’s Bhopal Zonal Office, has filed a charge sheet against Mark Pius Karari and four others in connection with a money laundering case involving Manoj Parmar and his aides, ED officials said. The complaint was submitted before the Special Court under the Prevention of Money Laundering Act (PMLA), 2002, in Bhopal on Wednesday, ED officials noted on Thursday.Following the filing, the court issued notices to the accused persons.The investigation was in…
New Delhi, Jan 28 (IANS) Prime Minister Narendra Modi on Wednesday led the nation in paying rich tributes to legendary freedom fighter Lala Lajpat Rai on his birth anniversary, hailing him as an “immortal son of the motherland” whose life continues to inspire generations.In a post on X, the Prime Minister wrote, “To the immortal son of the motherland, Punjab Kesari Lala Lajpat Rai, heartfelt and respectful tributes on his birth anniversary. He offered everything he had to liberate Mother B…
New Delhi, Jan 27 (IANS) Bank employees across the country went on strike on Tuesday to protest for their demands, including the immediate implementation of a five-day work week in the sector, leading to widespread disruption of banking services, including cash deposits, withdrawals, cheque clearances and other routine transactions. The nationwide strike was called by the United Forum of Bank Unions (UFBU).In Gujarat’s Vadodara, employees of nationalised banks joined the strike in large numbers….
New Delhi, Jan 26 (IANS) Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as the United Forum of Bank Unions (UFBU) goes ahead with its nationwide strike demanding a five-day work week.The decision to strike was taken after a conciliation meeting with the Chief Labour Commissioner on January 23 failed to resolve the issue.The UFBU is a joint platform of nine unions representing officers and employees of public sector banks.The timing of the strik…
Patna, Jan 19 (IANS) Criminals appear to be operating fearlessly in Muzaffarpur district, openly challenging police patrolling and security claims.In a shocking incident on Monday, miscreants targeted a man in broad daylight at Pankaj Market, one of the busiest areas under the City police station limits, and fled with Rs 1.40 lakh just metres away from a bank.According to police sources, Uday Kumar Singh, a resident of the Kathaiya police station area, had visited the Punjab National Bank (PNB) …
New Delhi, Jan 12 (IANS) A CBI court has convicted and sentenced two former Punjab National Bank (PNB) officials in connection with a Rs 4 crore bank fraud case involving the Jor Bagh branch in New Delhi, an official statement said on Monday.The convicted public servants are Kulvinder Kaur Johar, then Chief Manager and Branch Head, and Ranjiv Suneja, then Senior Manager of PNB’s Jor Bagh branch. The court sentenced both to three years’ rigorous imprisonment and imposed a fine of Rs 75,000 ea…
Mumbai, Dec 29 (IANS) Shares of state-owned lender Punjab National Bank on Monday recovered after an earlier fall, after it reported a loan fraud of Rs 2,434 crore last week, allegedly committed by former promoters of SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL).PNB’s shares had fallen as much as 3.1 per cent to Rs 116.6 apiece earlier in the day, but were trading at Rs 120.55, up 0.15 per cent at 11:44 am.The PSU lender reported the loan fraud of Rs 2,434 crore t…