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PNB pays Rs 6,586 cr to other banks for NiMo scam

Bank provides for Rs 7,178 crore, or 50 pf of the total amount of the Rs 14,356 crore scam, in the fourth quarter of 2017-18. The remaining amount will be covered in the three quarters of the......

RBI did not audit PNB during NiMo scam, says CVC

‘There are so many issues that the CVC is examining both with reference to the PNB and RBI,’ K V Chowdary said. Apportioning blame to the Reserve Bank of India over the PNB loan......

PNB to provide for Rs 60 bn loss this quarter for NiMo scam

'The due date for LoUs amounting to Rs 60 billion is falling in the present quarter. This will be a contingent liability for the bank,' said a senior executive, on condition of anonymity. Punjab......

PNB appoints forensic auditor for NiMo-Choksi fraud case

PNB issued a formal appointment letter to Belgium-based consultancy firm BDO Illustration: Dominic Xavier/Rediff.com Punjab National Bank (PNB) has appointed Belgium-based consultancy firm......

NiMo can't join CBI probe, says he has 'business abroad'

The CBI on Wednesday directed him to contact the embassy of India in a country where he is staying so that his travel to India can be arranged Illustration: Dominic Xavier/Rediff.com Billionaire......

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Nimo Choksi

News for Nimo Choksi

PNB pays Rs 6,586 cr to other banks for NiMo scam

RBI did not audit PNB during NiMo scam, says CVC

PNB to provide for Rs 60 bn loss this quarter for NiMo scam

PNB appoints forensic auditor for NiMo-Choksi fraud case

NiMo can't join CBI probe, says he has 'business abroad'

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