PNB case: Choksi gets time till Oct 30 to reply to ED plea

Mumbai:A special court Wednesday gave diamond jeweller Mehul Choksi, a key accused in the PNB bank fraud case, time till October 30 to file his reply to an Enforcement Directorate (ED) plea seeking to declare him a “fugitive” under a new law. Earlier, the Special Prevention of Money Laundering Act (PMLA) court had summoned Choksi […]

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Will take appropriate supervisory action in PNB case : RBI

The Reserve Bank today said it has already undertaken an assessment of control systems at scam-hit Punjab National Bank and will take “appropriate supervisory action”. The country’s second largest state-run lender has been rocked by a Rs 11,400-crore fraud allegedly involving billionaire diamantaire Nirav Modi. In a statement, the central bank said it has already […]

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