Britain on Monday assured India to fully cooperate in the extradition process of fugitive diamantaire Nirav Modi and liquor barron Vijay Mallya who are accused in separate multi-crore bank loan defraud cases, Minister of State for Home Kiren Rijiju said.

A special CBI court here on Sunday issued non-bailable warrants (NBWs)against diamantaire Nirav Modi and his uncle Mehul Choksi in connection with Rs 13,500 crore Punjab National Bank (PNB) fraud.

The CBI on Tuesday arrested the Vice President of Banking Operations of Mehul Choksi's Gitanjali Group in connection with its ongoing probe into the multi-crore Punjab National Bank (PNB) fraud case, officials said.

The Congress party on Monday, after giving notices for suspension of all business in Parliament to discuss the bank fraud cases, asked why is Prime Minister Narendra Modi silent on the issue of jewellers Nirav Modi and Mehul Choksi.

A PMLA court here on Saturday issued non-bailable warrants (NBWs) against absconder diamantaires Nirav Modi and his uncle and business partner Mehul Choksi in the Rs 12,600-crore (almost $2 billion) Punjab National Bank fraud.

Delhi's ruling Aam Aadmi Party on Saturday slammed the BJP-led Central government over the recent banking scams, saying that the big industrialists were running a campaign to "loot and run" under the rule of Prime Minister Narendra Modi.

The CBI on Saturday questioned Punjab National Bank (PNB) Managing Director-cum-CEO Sunil Mehta and Executive Director K.V. Brahmaji Rao in connection with the Rs 11,300 crore/$1.8 billion bank fraud case, while the ED kept on its seizure of fraud accused diamantire Nirav Modi's assets.

Breaking his silence over the massive PNB scam, Prime Minister Narendra Modi on Friday said that the government will take strong action against those indulging in financial irregularities and asked supervisory agencies responsible to do their job to prevent such frauds.

The Enforcement Directorate (ED) that seized over 10,000 imported watches from several locations connected to diamond czar Nirav Modi contend that the watches might have been imported for "business purpose".

The Ministry of External Affairs said on Thursday that it is still awaiting a response to the notification sent to absconding Indian businessman Nirav Modi, involved in the $1.8 billion Punjab National Bank fraud, seeking an explanation as to why his passport should not be revoked.