The PNB has decreased the interest rates by up to 0.50 percentage point on select maturities, according to the public sector bank's website -- pnbindia.in.

The United Kingdom has alleged that soon after reports of diamantaire Nirav Modi living in a swanky 8-million pound apartment in London’s West End, the British authorities sought information to come to India and initiate action against Nirav Modi but Indian government, which claims to be doing efforts in bringing him back, did not give any response.

Interpol on Monday issued a red corner notice against absconding jeweller Nirav Modi's sister Purvi Modi in connection with the alleged USD 2 billion PNB money laundering case.

The central government on Monday dismissed former Allahabad Bank Managing Director Usha Ananthasubramanian on the day she was to superannuate from service, according to an official notification.

India has asked Antigua and Barbuda to detain Mehul Choksi, an accused in the Punjab National Bank (PNB) fraud case, and to prevent him from leaving the country.

It is known to all that CBI has charged Punjab National Bank (PNB) for forgery case and has registered the first chargesheet in the Rs12,636 crore. For now, another chargesheet in the matter has been filed in the Mumbai session court. The chargesheet disclosed names of 18 entities and individuals including the top PNB officials.

The Enforcement Directorate (ED) on Saturday said it seized valuables worth over Rs 36 crore of absconding diamond jeweller Nirav Modi in connection with an ongoing probe into the Rs 14,500 crore Punjab National Bank (PNB) fraud case.

The central government has said that state-owned Punjab National Bank (PNB) has issued 41,178 Letters of Undertakings (LoUs) since 2011.

LoUs were primarily used by Nirav Modi and Mehul Choksi in executing 12,600 crore fraud on state-run Punjab National Bank (PNB).

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