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PNB NEWS

Most of FCNR(B) flows will come in August, September; overall target achievable: PNB CEO Ashok Chandra

July 21, 2026 12:21 pm

The next wave of growth will come from renewables and digital Innovation, AI won’t lead to bank job losses, says Chandra

Retired naval officer promised 5-year plan, landed with 53-year policy, wins Rs 6 lakh

July 06, 2026 12:05 pm

A retired naval officer approached a consumer body after allegedly being sold a policy that required annual payments of Rs 2.02 lakh for 53 years instead of the promised five-year plan.

Calcutta High Court refuses back wages to PNB clerk, says errant bank staff can cause entire system collapse 

May 22, 2026 12:35 pm

Rejecting the back wages claim of a former PNB employee, who was accused of forgery and cheating, the Calcutta High Court said that bank employees deal with public money, and their integrity has to be unquestionable. 

Chandigarh consumer Commission pulls up PNB for ‘illegal’ locker closure, orders Rs 1 crore compensation

April 24, 2026 9:35 pm

The order came on a complaint filed by Bela Prasad, 63, a resident of Sector 9 Chandigarh, regarding the “alleged unauthorized closure/break-open of the locker and non-accounting of its contents.”

PNB fraud: Over 7,000 branches, humanly impossible to keep eye on every transaction: Special court, discharging senior executive

September 09, 2025 10:22 pm

K V Brahmaji Rao was named as an accused in the case, in which Nirav Modi, his associates, companies and PNB officials are booked on charges including cheating for allegedly using fraudulent Letters of Understanding (LOUs) for their benefit, in connivance with PNB officials.

PNB loan fraud: Mehul Choksi suspected to be suffering from cancer, undergoing treatment in Belgium, says lawyer

February 11, 2025 8:33 pm

As per prosecution, the multi-crore fraud was allegedly perpetrated by billionaire jeweller Nirav Modi and his uncle Choksi, the promoter of Gitanjali Gems.

PNB fraud case: ED begins process for restitution of properties worth Rs 125 crore to victim banks

December 10, 2024 9:49 pm

Immovable/movable assets worth Rs 1968.15 Crore of Mehul Choksi/Gitanjali Group were attached which included immovable properties in India and overseas, vehicles, bank accounts, factory, shares of listed companies, jewellery, among others, the ED said.

SBI and PNB to repay Rs 22 crore to Karnataka Government after it threatened to end association

September 05, 2024 2:51 pm

The Karnataka Government's decision came after the alleged non-cooperation by SBI and PNB in two cases of embezzlement of funds from accounts of state-run bodies.

Lenders in talks with govt for "amicable resolution" after Karnataka halts transactions with SBI, PNB

August 15, 2024 5:54 pm

On August 12, the Karnataka’s finance department issued an order asking all state government departments, public sector units, boards, corporations, local bodies, universities and other institutions to close accounts at SBI and PNB.

Karnataka Govt to end association with SBI and PNB over fixed deposit 'frauds'

August 15, 2024 2:19 am

The Karnataka Government has set a September 20 deadline for all departments to comply with the direction.

PNB PHOTOS

Two-day bank strike: As services are hit across India, unions call it 'total success'

May 31, 2018 7:31 pm

The two-day strike across the nation affected banking operations, and caused inconvenience to customers given it came during the month-end.

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